No change statement and notice of annual general meeting THE FOSCHINI GROUP LTD Reg. No.: 1937/009504/06 Code : TFG - TFGP ISIN : ZAE000148466 – ZAE000148516 ("TFG" or "company") NO CHANGE STATEMENT AND NOTICE OF ANNUAL GENERAL MEETING Shareholders of TFG are advised that the integrated annual report containing the audited results for the year ended 31 March 2016 was distributed to shareholders today, 18 July 2016. In addition, shareholders are advised that the integrated annual report contained abridged financial information and that the detailed annual financial statements are available in electronic copy on the TFG website (www.tfglimited.co.za). Hardcopies are also available upon request. The financial information included in the integrated annual report contains no material modifications to the reviewed preliminary condensed consolidated results that were published on SENS on 26 May 2016. The annual financial statements were audited by KPMG Inc., and their unqualified audit report is available for inspection at the company’s registered office. NOTICE OF ANNUAL GENERAL MEETING Shareholders are advised that a circular is being distributed together with the integrated annual report. The circular includes the notice of the 79th annual general meeting of shareholders which will be held at 12h15 on 6 September 2016 at Stanley Lewis Centre, 340 Voortrekker Road, Parow East, Cape Town to transact business as stated in the notice of the annual general meeting. Cape Town 18 July 2016 Sponsor: UBS South Africa Proprietary Limited Date: 18/07/2016 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.