CLICKS GROUP LIMITED - Resignation of Executive Director

Resignation of Executive Director

Clicks Group Limited
(Incorporated in the Republic of South Africa)
Registration number 1996/000645/06
JSE share code: CLS
ISIN: ZAE000134854
CUSIP: 18682W205
 (“Clicks Group” or “the group”)

RESIGNATION OF EXECUTIVE DIRECTOR

Clicks Group announces that Keith Warburton, an executive director of Clicks
Group Limited and the chief operating officer of the Clicks brand has resigned
after nearly two years at the helm, effective 31 March 2015. Accordingly the
company hereby notifies shareholders that it withdraws Ordinary Resolution
Number 7 per the Notice of Annual General Meeting posted to shareholders
proposing the re-election of Keith Warburton as a director of the company.

David Kneale, Chief Executive Officer, commented: “Since his return to the group
in 2013, Keith has achieved the objectives set to reposition the Clicks brand for
growth by improving the value offering, expanding the stores and pharmacy
footprint, improving the contribution of private label, growing our customer loyalty
and stemming the labour turnover in our pharmacies.

“Keith’s strong financial acumen and in-depth knowledge of the group enabled
him to focus on further improving our business processes and reducing the
brand’s cost base.

“I wish to acknowledge Keith’s contribution to the group both in his current
position and as the former chief financial offer of the group and we wish him well
for the future”.

Vikesh Ramsunder, the current managing director of UPD, will succeed Keith
Warburton as the chief operating officer of the Clicks brand with effect from 1
April 2015. During his tenure as the head of UPD he has grown the UPD bulk
distribution business into a significant player in the market, whilst maintaining its
market leadership in pharmaceutical wholesaling.

Vikesh has a proven track record of delivery across diverse portfolios and brands
in the group. A former member of the Clicks operating board, he has led Clicks’
logistics and business process functions and served as the general manager for
retail operations in Kwa-Zulu Natal.

Keith and Vikesh will work together closely over the next two months to ensure a
smooth transition.
Vikash Singh, the current UPD head of operations and distribution, will succeed
Vikesh as the managing director of UPD. Vikash too is a seasoned executive
with an impressive track record of delivery in both the Clicks and UPD brands.
He is well-known to the UPD clients and stakeholders, which will enable a
seamless transition.

These internal promotions reflect the quality of the group’s talent and succession
planning process.


Cape Town
16 January 2015

For further information contact
Tier 1 Investor Relations
Tel: +27 (21) 702 3102

Sponsor
Investec Bank Limited

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