Sales Update THE FOSCHINI GROUP LIMITED Reg. No.: 1937/009504/06 Code: TFG ISIN: ZAE000148466 Sales Update Christmas trading was above expectation with group sales growth for December (30 November 2014 to 27 December 2014) of 12,5% and same store growth of 7,3%. Growths in the various merchandise categories were as follows: clothing 13,2% (same store growth 7,5%); homewares 13,3% (same store growth 8,9%); cosmetics 11,2% (same store growth 7,4%); jewellery 4,4% (same store growth 0,5%) and cellphones 18,6% (same store growth 14,5%). Group sales for the 9 months to 27 December 2014 increased by 10,5% with same store sales growth of 5,1%. Growths in the various merchandise categories for the 9 months to 27 December 2014 were as follows: clothing 9,7% (same store growth 4,1%); homewares 13,0% (same store growth 7,2%); cosmetics 9,7% (same store growth 5,5%); jewellery 4,9% (same store growth 0,2%) and cellphones 21,6% (same store growth 16,6%). Merchandise inflation for the period averaged 6,5%. Sales post Christmas for the period 28 December 2014 to 14 January 2015 have been strong across all merchandise categories with group sales increasing by 16,2% and same store growth of 10,7%. This sales update has not been reviewed or reported on by the company`s external auditors. - Cape Town 15 January 2015 SPONSOR UBS South Africa (Pty) Ltd -ENDS Date: 15/01/2015 02:30:00 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.