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CASHBUILD LIMITED - First quarter operational update - FY 2016

Release Date: 21/10/2015 12:00
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First quarter operational update - FY 2016

CASHBUILD LIMITED
(Registration number: 1986/001503/06)
(Incorporated in the Republic of South Africa)
JSE share code: CSB                     ISIN: ZAE000028320
(“Cashbuild” or “the company”)

FIRST QUARTER OPERATIONAL UPDATE – FY 2016

In line with past practice and disclosure, Cashbuild herewith provides its quarterly trading update.

Revenue for the company was up by 13% on the first quarter of the prior financial year. Stores
opened since 1 July 2014 (new stores – 10 stores) contributed 3% of the increase, whilst existing
stores (213 stores) contributed 10%.

Transactions through our tills during the 1st quarter increased with 5%, new stores contributed 4%
of the increase and existing stores increased by 1%. Units sold increased with 9%, new stores
contributed 3% of the increase and existing stores increased by 6%.

One new store was opened and four were refurbished during this quarter bringing the total
number of stores trading at the end of the quarter to 223. One DIY pilot was closed during the
quarter at the expiration of its lease term.

Selling inflation was at 2% at the end of September 2015 when compared to September 2014.
Gross profit percentage margins remained at similar levels to those reported for the prior 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                           Q1          14          3            11             88

Lesotho                                Q1          11          -            11              2

Namibia                                Q1          (2)         4            (6)             2

Swaziland                              Q1          (1)         -            (1)             3

Botswana (in Rand)                     Q1          12          -            12              4

Botswana (in Pula)                     Q1           4          -             4

Malawi (in Rand)                       Q1          (1)         -            (1)             1

Malawi (in Kwacha)                     Q1           6          -             6

Total Cashbuild                        Q1          13          3            10            100

Transactions versus prior year per region        Total        New        Existing      Percentage
                                                                                        of total
                                                                                      transactions
                                                   %           %             %             %
  
South Africa                           Q1           6          4             2             90

Lesotho                                Q1           5          -             5              2

Namibia                                Q1          (2)         3            (5)             2

Swaziland                              Q1          (4)         -            (4)             3

Botswana                               Q1          (4)         -            (4)             3

Malawi                                 Q1          (4)         -            (4)             -

Total Cashbuild                        Q1           5          4             1            100


Number of stores – end quarter one                Total       New         Existing    Percentage of
                                                                                          total
                                                                                            %
South Africa                                       195         9           186             88
Lesotho                                              5         -             5              2
Namibia                                              4         1             3              1
Swaziland                                            7         -             7              3
Botswana                                            10         -            10              5
Malawi                                               2         -             2              1
Total                                              223        10           213            100

21 October 2015

Sponsor
Nedbank CIB

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