LEWIS GROUP LIMITED - Lewis Group launches R2 billion bond programme

Lewis Group launches R2 billion bond programme

Lewis Group Limited
Incorporated in the Republic of South Africa
Registration number: 2004/009817/06
JSE share codes:
LEW           ISIN: ZAE000058236
LEW01         ISIN: ZAG000110222
LWCP01        ISIN: ZAG000110230
(“Lewis Group” or “the group”)


LEWIS GROUP LAUNCHES R2 BILLION BOND PROGRAMME

Lewis Group has launched a R2 billion domestic medium-term note (“DMTN”)
programme.

The group successfully raised R500 million in the first issuance of the
programme. The programme will be listed on the JSE with effect from 31 October
2013.

The funds were raised across a three-year bond and six month commercial
paper. The issue was 2.55 times subscribed, with bids totaling R1.277 billion.

The group has entered into the DMTN programme to diversify its sources of
funding. The proceeds of the issue will be used primarily to fund operational
requirements and for refinancing maturing debt.

Lewis Group was assigned an ‘A(za)’ long-term credit rating by Global Credit
Ratings with a stable outlook.

Absa is the sole lead arranger and ratings adviser on the transaction.


Cape Town
29 October 2013

Sponsor: UBS South Africa (Pty) Ltd

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