Third Quarter Operational Update – FY 2014 CASHBUILD LIMITED (Registration number: 1986/001503/06) (Incorporated in the Republic of South Africa) JSE share code: CSB ISIN: ZAE000028230 (“Cashbuild” or “the company”) THIRD QUARTER OPERATIONAL UPDATE – FY 2014 In line with past practice and disclosure, Cashbuild herewith provides its quarterly operational update. Revenue for the company was up by 6% on the third quarter of the prior financial year. Stores opened since 1 July 2012 (new stores – 19 stores) contributed 6% of the increase, whilst existing stores (191 stores) remained at similar levels. Nine of the 19 new stores opened, are in proximity of existing Cashbuild stores, causing an overlap of trading area with resultant impact on existing stores sales growth and customer transactions. The growth for the third quarter together with the growth reported in the first half, equates to an increase in revenue year to date of 7%. Transactions through the tills during the third quarter increased by 2% compared to the third quarter of the prior financial year. New stores contributed an increase of 4% while existing stores decreased by 2%. Total units sold for the third quarter remained at similar levels to the prior year with existing stores decreasing by 3%. Three new stores were opened during this quarter, bringing the number of stores trading at the end of the third quarter to 210. Two stores were refurbished and one relocated during this quarter. Trading conditions remained tough throughout the quarter. Selling inflation was at 5% at the end of March 2014 when compared to March 2013. Gross profit percentage margins remain strong at similar levels to those reported at the half year. Detail per region The breakdown per region of the factual information given in the update above is reflected in the following three tables: Revenue versus prior year per region Total New Existing Percentage of total sales % % % % South Africa Half Year 6 5 1 87 Q3 5 5 - 8 Lesotho Half Year 11 - 11 3 Q3 (12) - (12) 3 Namibia Half Year 31 - 31 2 Q3 26 - 26 2 Swaziland Half Year 14 2 12 4 Q3 22 12 10 4 Botswana (in Rand) Half Year 12 - 12 4 Q3 7 - 7 4 Botswana (in Pula) Q3 (2) - (2) Malawi (in Rand) Half Year 36 8 28 - Q3 38 47 (8) - Malawi (in Kwatcha) Q3 30 42 (12) Total Cashbuild Half Year 7 4 3 100 Q3 6 6 - 100 Transactions versus prior year per region Total New Existing Percentage of total transactions % % % % South Africa Half Year 2 5 (3) 89 Q3 2 4 (2) 89 Lesotho Half Year 2 - 2 2 Q3 (9) - (9) 2 Namibia Half Year 13 - 13 2 Q3 8 - 8 2 Swaziland Half Year 4 1 3 3 Q3 10 13 (3) 3 Botswana Half Year (3) - (3) 4 Q3 (2) - (2) 4 Malawi Half Year 7 3 4 - Q3 21 24 (3) - Total Cashbuild Half Year 2 5 (3) 100 Q3 2 4 (2) 100 Number of stores – end quarter three Total New Existing Percentage of total % South Africa 183 17 166 87 Lesotho 5 - 5 2 Namibia 3 - 3 2 Swaziland 7 1 6 3 Botswana 10 - 10 5 Malawi 2 1 1 1 Total 210 19 191 100 24 April 2014 Sponsor Nedbank Capital Date: 24/04/2014 11:37:00 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.