Third Quarter Operational Update - FY2016 CASHBUILD LIMITED (Registration number: 1986/001503/06) (Incorporated in the Republic of South Africa) JSE share code: CSB ISIN: ZAE000028320 (“Cashbuild” or “the company”) THIRD QUARTER OPERATIONAL UPDATE – FY 2016 In line with past practice and disclosure, Cashbuild herewith provides its quarterly operational update. Revenue for the company was up by 11% on the third quarter from the prior financial year. Stores opened since 1 July 2014 (new stores – 17 stores) contributed 3% of the increase, and existing stores (213 stores) increased by 8%. This, together with the growth reported in the first half, equates to an increase in revenue year to date of 13%. Transactions through our tills during the third quarter increased by 3% compared to the third quarter of the prior financial year. New stores contributed an increase of 2% while existing stores increased by 1%. Total units sold for the third quarter increased by 12% to the prior year with existing stores increasing by 9%. Two new stores were opened during this quarter and two stores were refurbished, bringing the number of stores trading at the end of the third quarter to 230. Trading conditions were satisfactory with Easter in the latter part of the third quarter compared to the prior year with it falling in the fourth quarter. Selling inflation was at 3% at the end of March 2016 when compared to March 2015. Gross profit percentage margin trend is in line with that of the prior year and above those reported at the half year while operating expenses remained well controlled. 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 Half Year 15 3 12 88 Q3 12 3 9 88 Lesotho Half Year 6 - 6 2 Q3 2 - 2 2 Namibia Half Year 1 8 (7) 2 Q3 9 12 (3) 2 Swaziland Half Year (1) - (1) 3 Q3 (5) - (5) 3 Botswana (in Rand) Half Year 15 - 15 4 Q3 25 - 25 4 Botswana (in Pula) Q3 8 - 8 3 Malawi (in Rand) Half Year 2 - 2 1 Q3 30 - 30 1 Malawi (in Kwacha) Q3 47 - 47 - Total Cashbuild Half Year 14 3 11 100 Q3 11 3 8 100 Transactions versus prior year per region Total New Existing Percentage of total transactions % % % % South Africa Half Year 5 3 2 90 Q3 4 3 1 90 Lesotho Half Year 1 - 1 2 Q3 (1) - (1) 2 Namibia Half Year 2 8 (6) 2 Q3 9 12 (3) 2 Swaziland Half Year (6) - (6) 3 Q3 (6) - (6) 3 Botswana Half Year (3) - (3) 3 Q3 - - - 3 Malawi Half Year (4) - (4) - Q3 14 - 14 - Total Cashbuild Half Year 4 3 1 100 Q3 3 2 1 100 Number of stores – end of quarter Total New Existing Percentage of total % South Africa 202 16 186 88 Lesotho 5 - 5 2 Namibia 4 1 3 1 Swaziland 7 - 7 3 Botswana 10 - 10 5 Malawi 2 - 2 1 Total 230 17 213 100 11 April 2016 Sponsor Nedbank Corporate and Investment Banking Date: 11/04/2016 04:00:00 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.