Trading update for 20 weeks to 18 January 2015 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”) TRADING UPDATE FOR 20 WEEKS TO 18 JANUARY 2015 - Group turnover up 13.9% - Clicks sales up 10.3% - UPD turnover up 21.0% - Group selling price inflation 3.6% Clicks Group increased sales by 13.9% to R8.2 billion in the 20 weeks to 18 January 2015 (“the period”). Selling price inflation was consistent with the prior period and averaged 3.6%. The Clicks chain grew turnover by 10.3%, driven by a well planned promotional programme which appealed to value conscious consumers. Clicks showed real volume growth of 3.6% as comparable sales grew by 7.6% with selling price inflation of 4.0%. Musica increased sales by 2.0% with same stores sales growth of 1.0%. The Body Shop grew sales by 10.9% and in comparable stores by 9.0%. Total retail sales, including Clicks, The Body Shop and Musica, increased by 9.6% and by 7.1% on a comparable store basis, with inflation of 3.8%. UPD continued to benefit from its growing distribution business and increased turnover by 21.0%. The business faces ongoing margin pressure from the increasing generic penetration in the local market. Chief executive David Kneale said: “Customer behaviour continues to reflect a shift to shopping later in the festive season, with the group experiencing record trading in the three days before Christmas. We have also continued to see buoyant trading in the period after Christmas and into the new year, again driven by promotions activity.” Turnover by business unit Total sales Comparable sales Inflation for the growth (%) growth (%) period (%) Clicks 10.3 7.6 4.0 Musica 2.0 1.0 1.6 The Body Shop 10.9 9.0 4.5 Total retail 9.6 7.1 3.8 UPD 21.0 3.2 Intragroup turnover 13.4 Total group 13.9 3.6 The financial information in this trading update has not been reviewed or reported on by the group’s independent auditor. Clicks Group’s interim results for the six months to 28 February 2015 will be released on SENS on or about 23 April 2015. Cape Town 28 January 2015 For further information contact Tier 1 Investor Relations Tel: +27 (21) 702 3102 Sponsor Investec Bank Limited Date: 28/01/2015 09:00:00 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.