Woolworths receives 90% relevant interest in Country Road WOOLWORTHS HOLDINGS LIMITED (Incorporated in the Republic of South Africa) Registration number 1929/001986/06 Share code: WHL ISIN: ZAE000063863 (“WHL”) WOOLWORTHS TAKEOVER BID FOR COUNTRY ROAD – WHL ACHIEVES 90% RELEVANT INTEREST Further to the announcement released earlier today, WHL is pleased to announce that it has achieved over 90% relevant interest in Country Road Limited (“Country Road”). As a result of acceptances received in respect of its takeover offer (made via Woolworths International (Australia) II Pty Ltd) for Country Road, WHL today has a relevant interest in 99.84% of Country Road. WHL intends to proceed to commence compulsory acquisition of all outstanding Country Road shares on Monday 28 July 2014. Cape Town 25 July 2014 Investor contacts: WHL Ralph Buddle Head of Corporate Projects and Investor Relations T: +27 21 407 3250 M: +27 83 412 4923 Media contacts: WHL South Africa Australia Susie Squire Brunswick Hintons Head of Corporate Affairs & PR Nic Bennett Angus Urquhart T:+27 21 407 7546 T:+27 11 502 7300 T: +61 3 9600 1979 M:+27 60 532 3999 M:+27 71 442 2401 M: +61 402 575 684 Carol Roos Nerida Mossop T:+27 11 502 7300 T: +61 3 9600 1979 M:+27 72 690 1230 M: +61 437 361 433 Financial and debt advisers to WHL: Rothschild Standard Bank Legal advisers to WHL: Gilbert +Tobin Webber Wentzel Linklaters Transaction Sponsor to WHL: Standard Bank Independent Sponsor to WHL: Rand Merchant Bank (a division of FirstRand Bank Limited) 2 Date: 25/07/2014 10:15:00 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.