Second quarter operational update - FY 2016 CASHBUILD LIMITED (Registration number: 1986/001503/06) (Incorporated in the Republic of South Africa) JSE share code: CSB ISIN: ZAE000028230 (“Cashbuild” or “the company”) SECOND QUARTER OPERATIONAL UPDATE – FY 2016 Cashbuild is currently in the process of finalising its results for the half-year ended December 2015. In line with past practice and disclosure, Cashbuild herewith provides its quarterly operational update. Revenue for the company was up by 15% on the second quarter of the prior financial year. Stores opened since 1 July 2014 (new stores – 15 stores) contributed 4% of the increase, whilst existing stores (213 stores) increased by 11% compared to the prior year. This, together with the growth reported in the first quarter, equates to an increase in revenue for the half year of 14%, of which 11% was contributed by existing stores. Transactions through the tills during the 2nd quarter increased by 4% to that of the comparative period (half year: 4%). New stores increased with 4% (half year: 3%) and existing stores remained at similar levels for the 2nd quarter (half year: 1% increase). Total units sold increased by 16% (half year: 13%) with existing stores increasing by 13% for the 2nd quarter (half year: 10%). During the second quarter five new stores were opened (half year: six stores), three stores were refurbished (half year: seven), and one store relocated (half year: one) bringing the total number of stores trading at the end of the quarter to 228. Selling inflation was at 2% at the end of December 2015 when compared to December 2014 prices. Gross profit percentage margins remained at similar levels to those reported for the prior year, first half. 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 Q2 16 4 12 88 Half Year 15 3 12 88 Lesotho Q1 11 - 11 2 Q2 2 - 2 2 Half Year 6 - 6 2 Namibia Q1 (2) 4 (6) 2 Q2 4 12 (8) 2 Half Year 1 8 (7) 2 Swaziland Q1 (1) - (1) 3 Q2 (5) - (5) 3 Half Year (3) - (3) 3 Botswana (in Rand) Q1 12 - 12 4 Q2 18 - 18 4 Half Year 15 - 15 4 Botswana (in Pula) Half Year 5 - 5 Malawi (in Rand) Q1 (1) - (1) 1 Q2 5 - 5 1 Half Year 2 - 2 1 Malawi (in Kwacha) Half Year 2 - 2 Total Cashbuild Q1 13 3 10 100 Q2 15 4 11 100 Half Year 14 3 11 100 Transactions versus prior year per Total New Existing Percentage region of total transactions % % % % South Africa Q1 6 4 2 90 Q2 5 4 1 90 Half Year 5 3 2 90 Lesotho Q1 5 - 5 2 Q2 (2) - (2) 2 Half Year 1 - 1 2 Namibia Q1 (2) 3 (5) 2 Q2 5 12 (7) 2 Half Year 2 8 (6) 2 Swaziland Q1 (4) - (4) 3 Q2 (8) - (8) 3 Half Year (6) - (6) 3 Botswana Q1 (4) - (4) 3 Q2 (2) - (2) 3 Half Year (3) - (3) 3 Malawi Q1 (4) - (4) - Q2 (4) - (4) - Half Year (4) - (4) - Total Cashbuild Q1 5 4 1 100 Q2 4 4 - 100 Half Year 4 3 1 100 Number of stores – end quarter two Total New Existing Percentage of total % South Africa 200 14 186 88 Lesotho 5 - 5 2 Namibia 4 1 3 1 Swaziland 7 - 7 3 Botswana 10 - 10 5 Malawi 2 - 2 1 Total 228 15 213 100 12 January 2016 Sponsor Nedbank Corporate and Investment Banking Date: 12/01/2016 12:00:00 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.