Trading update for the 26 week period ended 27 December 2015 Truworths International Limited (Incorporated in the Republic of South Africa) (Registration number 1944/017491/06) JSE Code: TRU NSX Code: TRW ISIN: ZAE000028296 TRADING UPDATE FOR THE 26 WEEK PERIOD ENDED 27 DECEMBER 2015 Truworths International Limited (the Group) announces that Group retail sales for the period increased by 36.0% to R8.5 billion, relative to the corresponding prior period. These results are inclusive of the non-comparable sales of the recently acquired Office, Earthchild and Naartjie businesses. Office is the UK-based cash retailer of footwear in which an 89% stake was acquired by the Group on 4 December 2015. Relative to the corresponding prior period, Group cash sales grew by 85.2% and Group credit sales by 15.8%, with Group credit sales comprising 60% of Group retail sales during the period. Excluding the sales recorded by Office, Earthchild and Naartjie, retail sales for the period increased by 15.0% to R7.2 billion relative to the corresponding prior period, with cash sales growth of 15.8% and credit sales growth of 14.7% Like-for-like store retail sales, which exclude those attributable to the three acquired businesses, increased by 10.2% for the period, whilst product inflation averaged 9%. Exclusive of the retail sales attributable to Office, Earthchild and Naartjie, credit sales comprised 71% (2014: 71%) of retail sales during the period. Gross trade receivables in repect of the debtors’ book increased to R 6.1 billion and were 15% higher than at the corresponding prior period-end. The percentage of active account holders able to purchase remained at 86% compared to the corresponding prior period-end. Shareholders are advised that the financial information provided in this update has neither been reviewed nor reported on by the Group’s external auditors. The Group’s interim results for the period are scheduled for release on or about Thursday 18 February 2016. 14 January 2016 Cape Town JSE Sponsor: One Capital NSX Sponsor: Old Mutual Investment Services (Namibia) (Pty) Ltd Date: 14/01/2016 10:45:00 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.