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WOOLWORTHS HOLDINGS LIMITED - Retirement and appointment of MD Clothing & General Merchandise

Release Date: 10/02/2014 10:33
Code(s): WHL     PDF:  
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Retirement and appointment of MD Clothing & General Merchandise

Woolworths Holdings Limited
(Incorporated in the Republic of South Africa)
Registration number 1929/001986/06
Share code: WHL
ISIN: ZAE000063863
("Woolworths Holdings”)

RETIREMENT AND APPOINTMENT OF MD CLOTHING & GENERAL MERCHANDISE

The Chairman and the board of Woolworths Holdings wish to advise that Brett Kaplan will be retiring
from the position of MD for Clothing and General Merchandise by the end of year 2014. Brett has
been with the business for 37 years, the last 6 years as Group Director Clothing Buying and more
recently the MD of Clothing and General Merchandise.

Ian Moir, the CEO reflects “Brett has been instrumental in building Woolworths into the leading
clothing and general merchandise business that it is today. In particular, he played a critical role in
materially and sustainably improving the profitability of the clothing business in recent years”.

The board would like to thank Brett for his contribution and wish him and his family well in his
retirement.

The board is thrilled to announce the appointment of Mr Christo Claassen as MD Elect of the
Clothing and General Merchandise business. Christo is a Chartered Accountant by training, with an
MBA in Retailing. He has had a diverse career spending the majority of his time in the retail
industry. Currently he holds the Chief Executive position of the Legit and Jet division at Edcon. We
welcome him to Woolworths.

He will take up his position on 1 July 2014 and will work with Brett to ensure a smooth transition and
handover over the ensuing months.

Cape Town, 10 February 2014

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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