Trading Update for 20 weeks to 17 January 2016 Clicks Group Limited (Incorporated in the Republic of South Africa) Registration number: 1996/000645/06 JSE share code: CLS ISIN: ZAE000134854 CUSIP: 18682W205 (“Clicks Group” or “the group”) TRADING UPDATE FOR 20 WEEKS TO 17 JANUARY 2016 - Clicks sales up 13.6% - Retail sales up 12.7% - Retail selling price inflation 3.3% - Group turnover up 12.2% The Clicks chain increased sales by 13.6% in the 20 weeks to 17 January 2016 (“the period”), highlighting the resilience of the business in an environment of declining consumer confidence and increasing economic uncertainty. Clicks reported comparable store sales growth of 10.6% and showed real volume growth of 7.2% as selling price inflation measured 3.4%. The Body Shop increased sales by 12.7% and by 9.3% in comparable stores. Musica grew sales by 2.6% with same stores sales 0.4% lower. Total retail sales increased by 12.7% and by 9.8% on a comparable store basis, with selling price inflation of 3.3%. UPD, the group’s pharmaceutical wholesale and distribution business, increased turnover by 11.0% to R4 billion. Total group turnover grew by 12.2% to R9.2 billion. Chief executive David Kneale said the Clicks chain produced a good result, with all product categories performing strongly. “Over the festive season in particular customers responded positively to our product ranges and to our promotions.” “Looking ahead, we expect trading conditions to be challenging, with consumers facing further pressure from a combination of higher inflation and rising interest rates.” Turnover by business unit Total sales Comparable sales Inflation for the growth (%) growth (%) period (%) Clicks 13.6 10.6 3.4 Musica 2.6 (0.4) 2.1 The Body Shop 12.7 9.3 4.8 Total retail 12.7 9.8 3.3 UPD 11.0 5.4 Intragroup turnover 11.3 Total group 12.2 4.1 The financial information in this trading update has not been reviewed or reported on by the group’s independent auditor. Clicks Group’s interim results for the six months to 29 February 2016 will be released on SENS on or about 21 April 2016. Cape Town 21 January 2016 For further information contact Tier 1 Investor Relations Tel: +27 (21) 702 3102 Sponsor Investec Bank Limited Date: 21/01/2016 10:00:00 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.