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 The Shoprite Group has increased turnover by 12.3% for the 3 months to September 2014 even though local market conditions remained relatively unchanged with the South African consumers being under pressure. The Group’s core business, RSA Supermarkets, increased turnover by 11.9% which is ahead of the food retail industry growth. Internal food inflation averaged 6.0% for the period compared to official food inflation of 8.9. The Group’s Non-RSA Supermarkets increased its turnover by 15.9% and in constant currency terms, by 16.1%. This growth was affected by the sale of the Tanzanian business and the loss of a store in Angola due to fire. The performance of the Group’s non-RSA operations was supported by the opening of 18 new food outlets since October 2013. The highly competitive market conditions in which the furniture division traded remained virtually unchanged, however it managed to increase turnover by 11.5%. A further 27 new supermarkets will be opened before 31 December 2014. Although the Group is well prepared and expects fair trading conditions in the run-up to Christmas, it is difficult to predict festive season consumer spending patterns. Whitey Basson Carel Goosen Chief executive Deputy managing director Tel 021 980 4000 Tel 021 980 4000 Date issued 27 October 2014 Sponsor Nedbank Capital Date: 27/10/2014 09:30:00 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.