SHOPRITE HOLDINGS LIMITED - Operational update

Operational update

SHOPRITE HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration no. 1936/007721/06
ISIN: ZAE000012084
JSE share code: SHP
NSX share code: SRH
LuSE share code: SHOPRITE
(”Shoprite Holdings” and “the Group”)

OPERATIONAL UPDATE

For the 12 months to June 2015 the Group increased total turnover by 11.2% to about
R113.7 billion, compared to the corresponding 12 months of 2014. Growth on a like-
for-like basis was 4.3%. Sales growth was especially strong in the first half of the year
due to, amongst others, it having an extra trading day compared to the previous period
due to the Group closing stores for Nelson Mandela’s funeral in December 2013.

The South African supermarket division, the largest division in the Group, grew sales
by 10.5%, up from 8.7% in the 2014 financial year. This is a strong performance
considering the prevailing economic conditions and has led to further market share
gains for the period.

When converted to rand, the turnover of the Group’s 189 supermarkets outside the
borders of South Africa increased by 13.5% compared to the 2014 reporting period.
Taken at constant currencies these operations grew by 15.5%. Sales growth in this
division was negatively affected by the sale of the Tanzanian business as well as the
temporary closure of the Palanca store in Angola in July 2014 due to a fire. The store
is being rebuilt.

The furniture division grew turnover by 13.0% despite the highly competitive market
conditions persisting.

The Other Operating segments also achieved satisfactory growth of 13.8%.

The above financial information has not been reviewed or reported on by Shoprite
Holdings’ auditors. The financial results for the review period are expected to be
published on or about Wednesday, 19 August 2015.



Whitey Basson                         Carel Goosen
Chief executive                       Deputy managing director
                                      Tel 021 980 4000

Date issued                           15 July 2015
Sponsor                               Nedbank

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