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 (“The Group”) OPERATIONAL UPDATE For the six months to December 2015 the Shoprite Group increased turnover by 8.8% from R57.5 billion to about R62.5 billion. Growth on a like-for-like basis was 2.8%. After an improved second quarter driven by good festive season trading, the South African supermarket operation increased sales by 7.2%. Internal inflation averaged just 2.7% for the period. The Group’s non-RSA supermarkets recorded sales growth of 15.2% notwithstanding the impact of lower commodity prices and the devaluation of certain currencies. Taken at constant currencies, sales grew by 23.5%. The Group’s furniture division grew sales by 13.7% for the period, with the OK Furniture brand the best performer. The Other Operating Segments achieved growth of 9.3% The above financial information has not been reviewed or reported on by Shoprite Holding’s auditors. The financial results for the review period will be published on or about Tuesday, 23 February 2016. Whitey Basson Carel Goosen Chief executive Deputy managing director Tel 021 980 4000 Date issued: 12 January 2016 Sponsor: Nedbank Corporate and Investment Banking Date: 12/01/2016 05:00:00 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.