Fourth 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”) FOURTH 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 13% on the fourth quarter of the prior financial year. Stores opened since 1 July 2013 (new stores – 24 stores) contributed 4% of the increase, whilst existing stores (198 stores) increased by 9%. The growth for the fourth quarter together with the growth of previous quarters reported, equates to an increase in revenue for the year of 13%, 8% of which was contributed by existing stores. Transactions through the tills during the fourth quarter increased by 6% compared to the fourth quarter of the prior financial year. New stores contributed an increase of 5% while existing stores increased by 1%. Total units sold for the fourth quarter increased by 9% to the prior year with existing stores increasing by 3%. Three new stores were opened, ten stores were refurbished and two relocated during the fourth quarter. For the financial year, nine new stores were opened, 24 refurbished, six stores were relocated and two stores trading in close proximity to another were closed, bringing the total number of stores trading at the end of the financial year to 222. The DIY pilot continues with 11 Cashbuild DIY pilot stores (not included in the above number), trading at the end of the fourth quarter. Selling inflation was at 2% at the end of June 2015 when compared to June 2014. Gross profit percentage margins have remained 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 tables below: Revenue increase on prior year Total New Exist Percen- per region Growth -ing tage of total sales % % % % Cashbuild Group Half year 12 6 6 100 Q3 18 4 14 100 Q4 13 4 9 100 Full year 13 5 8 100 South Africa Half year 12 6 6 87 Q3 19 4 15 87 Q4 14 5 9 87 Full year 14 6 8 87 Lesotho Half year (12) - (12) 2 Q3 - - - 2 Q4 2 - 2 2 Full year (6) - (6) 2 Namibia Half year 18 - 18 2 Q3 20 - 20 2 Q4 12 - 12 2 Full year 17 - 17 2 Swaziland Half year 10 11 (1) 4 Q3 9 1 8 4 Q4 1 1 - 4 Full year 7 6 1 4 Botswana(in Rand) Half year 7 - 7 4 Q3 6 - 6 4 Q4 7 - 7 4 Full year 7 - 7 4 Botswana(in Pula) Half year 5 - 5 Q3 7 - 7 Q4 4 - 4 Full year 5 - 5 Malawi(in Rand) Half year 80 59 21 1 Q3 55 12 43 1 Q4 18 (8) 25 1 Full year 54 27 27 1 Malawi(in Kwacha) Half year 88 62 26 Q3 48 12 36 Q4 12 (32) 44 Full year 54 22 32 Transaction increase on prior Total New Exis Percen- year per region Growth t- age of ing total transac -tions % % % % Cashbuild Group Half year 7 7 - 100 Q3 11 5 6 100 Q4 6 5 1 100 Full year 8 7 1 100 South Africa Half year 7 7 - 89 Q3 11 5 6 89 Q4 7 6 1 89 Full year 8 7 1 89 Lesotho Half year (4) - (4) 2 Q3 4 - 4 2 Q4 4 - 4 2 Full year (1) - (1) 2 Namibia Half year 6 - 6 2 Q3 11 - 11 2 Q4 4 - 4 2 Full year 7 - 7 2 Swaziland Half year 6 12 (6) 3 Q3 1 2 (1) 3 Q4 (3) 1 (4) 3 Full year 3 7 (4) 3 Botswana Half year 5 - 5 4 Q3 3 - 3 4 Q4 (2) - (2) 4 Full year 3 - 3 4 Malawi Half year 48 38 10 - Q3 28 15 13 - Q4 37 14 23 - Full year 39 25 14 - Number of stores – end of Total New Existing Percentage year of total % South Africa 195 22 173 88 Lesotho 5 - 5 2 Namibia 3 - 3 1 Swaziland 7 1 6 3 Botswana 10 - 10 5 Malawi 2 1 1 1 Total 222 24 198 100 Prospects Management expect trading conditions to remain competitive into the first quarter of the new financial year. Store development activity is expected to continue at levels seen over the past year. Sponsor Nedbank 20 July 2015 Date: 20/07/2015 02:08:00 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.