Sales Update THE FOSCHINI GROUP LIMITED Reg. No.: 1937/009504/06 Code: TFG ISIN: ZAE000148466 Sales Update Christmas trading was satisfactory and in line with expectation across all merchandise categories with group sales growth for December (1 December 2013 to 28 December 2013) of 11,4% and same store growth of 5,3%. Growths in the various merchandise categories were as follows: clothing 11,9% (same store growth 5,4%); homewares 10,1% (same store growth 4,5%); cosmetics 7,7% (same store growth 3,6%); jewellery 8,9% (same store growth 4,4%) and cellphones 14,7% (same store growth 8,1%). Group sales for the 9 months to 28 December 2013 increased by 9,1% with same store sales growth of 4,0%. Growths in the various merchandise categories for the 9 months to 28 December 2013 were as follows: clothing 9,0% (same store growth 3,0%); homewares 13,0% (same store growth 10,1%); cosmetics 9,5% (same store growth 5,9%); jewellery 5,8% (same store growth 2,3%) and cellphones 11,0% (same store growth 5,7%). Merchandise inflation for the period averaged 7,0%. Sales post Christmas for the period 29 December 2013 to 13 January 2014 have been strong across all merchandise categories with group sales increasing by 17,6% and same store growth of 11,4%. This sales update has not been reviewed or reported on by the company`s external auditors. - Cape Town 17 January 2014 SPONSOR UBS South Africa (Pty) Ltd -ENDS Date: 17/01/2014 08:28:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.