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SHOPRITE HOLDINGS LIMITED - Operational Update

Release Date: 14/07/2014 10:24
Code(s): SHP     PDF:  
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Operational Update

SHOPRITE HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration no. 1936/007721/06
ISIN: ZAE000012084
JSE share code: SHP
NSX share code: SRH
LuSE share code: SHOPRITE
(”Shoprite Holdings” and “the Group”)

OPERATIONAL UPDATE

For the 12 months to June 2014 the Group increased total turnover by 10.5% to about
R102.2 billion, compared to the corresponding 12 months of 2013. Growth on a like-
for-like basis was 5.1%. The Group saw an improved turnover growth of 11.4% in the
second half of the year, compared to 9.7% in the first half.

The continued pressure on consumers’ disposable income reflects in the slow-down in
sales in the South African supermarket division, the largest division in the Group,
which grew sales by 8.7%.

When converted to rand, the turnover of the 169 supermarkets the Group operates
outside the borders of South Africa, increased by 26.8% compared to the 2013
reporting period. Taken at constant currencies these operations grew by 16.2%.

The furniture division grew turnover by 12.2% even though the highly competitive
market conditions remained unchanged.

The above financial information has not been reviewed or reported on by Shoprite
Holdings’ auditors. The financial results for the review period are expected to be
published on or about Tuesday, 19 August 2014.



Whitey Basson                        Carel Goosen
Chief executive                      Deputy managing director
                                     Tel 021 980 4000

Date issued                          14 July 2014
Sponsor                              Nedbank Capital

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