LEWIS GROUP LIMITED - Lewis Group referred to National Consumer Tribunal

Lewis Group referred to National Consumer Tribunal

Lewis Group Limited
Incorporated in the Republic of South Africa
Registration number: 2004/009817/06
JSE share code: LEW
ISIN: ZAE00058236
(“the group” or “the company”)

LEWIS GROUP REFERRED TO NATIONAL CONSUMER TRIBUNAL

Shareholders are advised that the National Credit Regulator (“NCR”) has referred
two of Lewis Group’s operating subsidiaries, Lewis Stores and Monarch Insurance
Company Limited, to the National Consumer Tribunal (“Tribunal”) for alleged breach
of the National Credit Act.

This referral relates to three cases of the sale of retrenchment cover to pensioners
and self-employed consumers, or the sale of disability cover to pensioners under
credit life insurance contracts.

The NCR has requested the Tribunal to order refunds to the customers impacted by
the sale of these insurance products, to undertake an audit and to impose an
administrative fine of R10 million on the company.

The directors and management of Lewis Group are committed to cooperating fully
with the Tribunal to ensure satisfactory resolution of the case.

The group undertakes to keep investors updated on developments relating to the
Tribunal’s investigations.

Cape Town
9 July 2015

Sponsor
UBS South Africa (Pty) Ltd

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