Chief Executive Officer succession Truworths International Limited (Incorporated in the Republic of South Africa) (Registration number 1944/017491/06) JSE Code: TRU NSX Code: TRW ISIN: ZAE000028296 (“the Group”) CHIEF EXECUTIVE OFFICER SUCCESSION The board advised in August 2014 that Michael Mark, who has served the Group as CEO for 23 years with distinction, leading it from a niche retailer to one of South Africa's most established and successful apparel retailers, had decided not to renew his contract which expires at the end of June 2015. The board had embarked on a CEO succession process using international search consultants and is delighted to advise that Jean-Christophe Garbino has been appointed CEO Designate of the Group with effect from March 2015. Jean-Christophe is the 45 year old CEO of the prominent Kiabi fashion retail group in France having been in its employ since 1992. He was appointed CEO of Kiabi in 2007 after successfully serving as General Manager for Spain, and since then the retail group has grown from 200 stores in three countries to over 450 stores in 8 countries across Europe and Russia. Kiabi is an omni-channel fashion retail chain which sells commercially priced fashion apparel to ladies, men and children. It employs more than 7500 people and delivered revenue of approximately Euro 1.5bn in its most recent reporting period. Jean-Christophe will work closely with Michael, who will continue in his role as the Group’s CEO and support the transition process for as long as is necessary. It is envisaged that Michael will continue to serve on the Truworths International Ltd board after his retirement as CEO. Further announcements in this regard will be made in due course. 6 November 2014 Cape Town JSE Sponsor: One Capital NSX Sponsor: Old Mutual Investment Services (Namibia) (Pty) Ltd Date: 06/11/2014 08:45:00 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.