SHOPRITE HOLDINGS LIMITED - Operational Update

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
(“The Group”)


OPERATIONAL UPDATE

For the six months to December 2014 the Shoprite Group increased turnover by
about 12.5% from R51.1 billion to R57.5 billion. Growth on a like-for-like basis was
5.1%.

The South African supermarket operation increased sales by 12.0%. Internal food
inflation averaged 5.2% compared to the estimated official food inflation figure of
8.4% during the period. The division benefited from strong sales in the month of
December, which were 13.0% higher than in the corresponding period.

The Group’s non-RSA supermarkets’ sales growth of 15.0% was negatively affected
by the sale of the Tanzanian business as well as the temporary closure of the
Palanca store in Angola in July 2014 due to a fire. The store is being rebuilt. Taken
at constant currencies sales grew by 15.4%.

The Group’s furniture division experienced a buoyant December which helped it
grow sales by 12.2% for the period, with the OK Furniture brand the best performer.

The Other Operating Segments also achieved satisfactory growth of 12.7%

The above financial information has not been reviewed or reported on by Shoprite
Holding’s auditors. The financial results for the review period will be published on or
about Tuesday, 24 February 2015.



Whitey Basson                     Carel Goosen
Chief executive                   Deputy managing director
Tel 021 980 4000
Date issued                       14 January 2015
Sponsor                           Nedbank Capital

Date: 14/01/2015 01:02:00 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.