First quarter operational update – FY 2015 CASHBUILD LIMITED (Registration number: 1986/001503/06) (Incorporated in the Republic of South Africa) JSE share code: CSB ISIN: ZAE000028320 (“Cashbuild” or “the company”) FIRST QUARTER OPERATIONAL UPDATE – FY 2015 In line with past practice and disclosure, Cashbuild herewith provides its quarterly trading update. Revenue for the company was up by 10% on the first quarter of the prior financial year. Stores opened since 1 July 2013 (new stores –18 stores) contributed 6% of the increase, whilst existing stores (199 stores) contributed 4%. Transactions through our tills during the 1st quarter increased by 7% with new stores increasing with 7%. Existing stores remained at similar levels. Units sold increased by 5% with existing stores remaining at similar levels. Three new stores were opened, two stores refurbished and two were relocated during this quarter. One store trading in close proximity to another being closed at the end of the quarter bringing the number of stores trading at the end of the quarter to 217. Another two CashbuildDIY stores were opened during this quarter bringing the number of these pilot stores trading by the end of this quarter to eight. Trading conditions remained tough throughout the quarter. Selling inflation was at 4% at the end of September 2014 when compared to September 2013. Gross profit percentage margins remain at similar levels to those reported for the full prior financial 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 Q1 11 6 5 87 Lesotho Q1 (18) - (18) 2 Namibia Q1 15 - 15 2 Swaziland Q1 10 13 (3) 4 Botswana (in Rand) Q1 8 - 8 4 Botswana (in Pula) Q1 6 - 6 Malawi (in Rand) Q1 60 60 - 1 Malawi (in Kwacha) Q1 72 65 7 Total Cashbuild Q1 10 6 4 100 Transactions versus prior year per region Total New Existing Percentage of total transactions % % % % South Africa Q1 8 8 - 89 Lesotho Q1 (8) - (8) 2 Namibia Q1 5 - 5 2 Swaziland Q1 7 14 (7) 3 Botswana Q1 5 - 5 4 Malawi Q1 46 40 6 - Total Cashbuild Q1 7 7 - 100 Number of stores – end quarter one Total New Existing Percentage of total % South Africa 190 16 174 88 Lesotho 5 - 5 2 Namibia 3 - 3 1 Swaziland 7 1 6 3 Botswana 10 - 10 5 Malawi 2 1 1 1 Total 217 18 199 100 20 October 2014 Sponsor Nedbank Capital Date: 20/10/2014 07:10:00 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.