MR PRICE GROUP LIMITED - No change statement, notice of Annual General Meeting and specific repurchase of treasury shares

No change statement, notice of Annual General Meeting and specific repurchase of treasury shares

Mr Price Group Limited
Registration number 1933/004418/06
Incorporated in the Republic of South Africa
ISIN: ZAE000200457
JSE share code: MRP
(“the Company”)

NO CHANGE STATEMENT, NOTICE OF ANNUAL GENERAL MEETING AND SPECIFIC REPURCHASE OF
TREASURY SHARES

No change statement
Shareholders are advised that the audited annual financial statements for the 53 weeks ended 2 April 2016 has
been distributed to shareholders and published on the Group’s website (www.mrpricegroup.com) on 30 June 2016.
The audited annual financial statements contain no modifications to the audited results which were published on
SENS on 31 May 2016.

Notice of the Annual General Meeting
Notice is hereby given that the 83rd Annual General Meeting of Mr Price Group Limited shareholders will be held at
Upper Level, North Concourse, 65 Masabalala Yengwa Avenue (previously NMR Avenue), Durban on Wednesday
31 August 2016 at 14h30 to transact the business as stated in the Annual General Meeting notice forming part of the
audited annual financial statements.

Specific Repurchase
Included in the notice is Special Resolution No 3, requesting specific authority to repurchase treasury shares held in
excess of obligations to participants. The Company seeks to acquire and cancel 2 000 000 of its own issued ordinary
shares, (par value 0.025 cents) at the volume weighted average price of Mr Price Group Limited ordinary shares for
the 30 days prior to 31 August 2016, from the Mr Price Partners Share Trust (Master’s reference number
IT4984/2006). Upon approval of Special Resolution No 3, the acquisition, cancellation and delisting of the shares will
occur within the first two weeks of September. As the specific repurchase is intra-group, no significant cash will be
utilised and the financial effects are minimal.

The impact on the total issued share capital is that the ordinary shares (0.025 cents par value) will be reduced by 2
million ordinary shares to 253 995 880. The share capital account will be reduced by R500 (being the 2 million
shares at the par value of 0.025 cents per share). The share premium account will reduce by the difference between
the purchase price (VWAP for the 30 days prior to 31 August 2016) and the par value of the shares, being 0.025
cents per share. The treasury shares held across all Group share and share option schemes will decrease by 2
million shares from 13 005 093 to 11 005 093 ordinary shares.

Salient dates
Event                                                                                                          2016
Publication of the Annual Integrated Report and Notice of Meeting on the Group
website                                                                                           Thursday, 30 June
Last day to trade in order to be eligible to attend and vote at the Annual General
Meeting                                                                                          Tuesday, 23 August
Record date to determine which shareholders are entitled to attend and vote at the
Annual General Meeting                                                                            Friday, 26 August
Deadline for lodging forms of proxy for the Annual General Meeting at 14h30 on*                   Monday, 29 August
Annual General Meeting at 14h30 on                                                        Wednesday, 31 August 2016
Repurchase and subsequent delisting of shares between                                            1 and 15 September
(upon approval of Special resolution No 3)
*any proxies not lodged by this time must be handed to the chairperson of the Annual General Meeting immediately
prior to the Annual General Meeting.

Durban
30 June 2016

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 30/06/2016 03:00:00 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.