Third quarter operational update - FY2015 CASHBUILD LIMITED (Registration number: 1986/001503/06) (Incorporated in the Republic of South Africa) JSE share code: CSB ISIN: ZAE000028320 (“Cashbuild” or “the company”) THIRD QUARTER OPERATIONAL UPDATE – FY 2015 In line with past practice and disclosure, Cashbuild herewith provides its quarterly operational update. Revenue for the company was up by 18% on the third quarter of the prior financial year. Stores opened since 1 July 2013 (new stores – 21 stores) contributed 4% of the increase, and existing stores (198 stores) increased by 14%. This, together with the growth reported in the first half equates to an increase in year to date revenue of 14%, 8% contributed by existing stores. Transactions through our tills during the third quarter increased by 11% compared to the third quarter of the prior financial year. New stores contributed an increase of 5% while existing stores increased by 6%. Total units sold for the third quarter increased by 16% to the prior year with existing stores increasing by 11%. Two stores were refurbished and two new stores were opened during this quarter, bringing the number of stores trading (excluding 11 CashbuildDIY pilot stores) at the end of the third quarter to 219. Trading conditions remained challenging throughout the quarter. Selling inflation was at 2% at the end of March 2015 when compared to March 2014. Gross profit percentage margins have increased slightly above levels reported at the half year. Detail per region The breakdown per region of the factual information given in the update above is reflected in the following three tables: Revenue versus prior year per region Total New Existing Percentage of total sales % % % % South Africa Half Year 12 6 6 87 Q3 19 4 15 87 Lesotho Half Year (18) - (18) 2 Q3 - - - 2 Namibia Half Year 15 - 15 2 Q3 20 - 20 2 Swaziland Half Year 10 13 (3) 4 Q3 9 1 8 4 Botswana (in Rand) Half Year 7 - 7 4 Q3 6 - 6 4 Botswana (in Pula) Q3 7 - 7 4 Malawi (in Rand) Half Year 80 59 21 1 Q3 55 12 43 1 Malawi (in Kwacha) Q3 48 12 36 - Total Cashbuild Half Year 12 6 6 100 Q3 18 4 14 100 Transactions versus prior year per region Total New Existing Percentage of total transactions % % % % South Africa Half 7 7 - 89 Year Q3 11 5 6 89 Lesotho Half (4) - (4) 2 Year Q3 4 - 4 2 Namibia Half 6 - 6 2 Year Q3 11 - 11 2 Swaziland Half 6 12 (6) 3 Year Q3 1 2 (1) 3 Botswana Half 5 - 5 4 Year Q3 3 - 3 4 Malawi Half 48 38 10 - Year Q3 28 15 13 - Total Cashbuild Half 7 7 - 100 Year Q3 11 5 6 100 Number of stores – end quarter three Total New Existing Percentage of total % South Africa 192 19 173 87 Lesotho 5 - 5 2 Namibia 3 - 3 2 Swaziland 7 1 6 3 Botswana 10 - 10 5 Malawi 2 1 1 1 Total 219 21 198 100 15 April 2015 Sponsor Nedbank Capital Date: 15/04/2015 07:30:00 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.