CLICKS GROUP LIMITED - Preliminary Announcement

Preliminary Announcement

Clicks Group Limited
(Incorporated in the Republic of South Africa)
Registration number 1996/000645/06
JSE share code: CLS
ISIN: ZAE000134854
CUSIP: 18682W205
("Clicks Group" or "the group")


PRELIMINARY ANNOUNCEMENT REGARDING CAPITAL STRUCTURING

In line with Clicks Group’s strategy of optimising its capital structure, Clicks Group is
considering the issuance of a perpetual preference share instrument of between
R500 million and R900 million subject to market conditions and ordinary shareholder
approvals. It is currently envisaged that the proceeds of the potential issuance will be
used to accelerate Clicks Group’s current share repurchase programme. The
specific and precise details relating to the price of Clicks Group’s shares in respect of
the repurchase programme are still to be determined.

Further announcements in this regard will be made as and when appropriate.

Cape Town
15 November 2013

Sponsor
Investec Bank Limited

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