Operational Update SHOPRITE HOLDINGS LIMITED (Incorporated in the Republic of South Africa) Registration no. 1936/007721/06 ISIN: ZAE000012084 JSE share code: SHP NSX share code: SRH LuSE share code: SHOPRITE (“The Group”) OPERATIONAL UPDATE The Shoprite Group increased total turnover by 14.4% for the 12 months to June 2016 to about R130.03 billion compared to R113.69 billion during the preceding 12 months. The current period comprised 53 weeks compared to 52 weeks in the prior year. On a comparative 52-week basis, turnover growth was 11.6% with like-for-like growth of 5.5%. After an improved trading performance in the second half of the year, the South African supermarket operation increased sales by 10.9% (8.1% on a 52-week basis). Internal inflation was lower and averaged just 3.9% for the period compared to 4.8% during the corresponding 12 months. Sales growth for the Group’s non-RSA supermarkets accelerated to 32.6% (29.0% on a 52-week basis) despite the impact of lower commodity prices and the devaluation of certain currencies. On a constant currency basis, sales grew by 39.0% (35.3% for the 52-week period). The Group’s furniture division grew sales by 15.3% for the period (12.5% on a 52- week basis), with the OK Furniture brand still the best performer. The Other Operating Segments achieved growth of 12.8% (11.9% on a 52-week basis) The above financial information has not been reviewed or reported on by Shoprite Holding’s auditors. The financial results for the review period will be published on or about Tuesday, 23 August 2016. Whitey Basson Carel Goosen Chief executive Deputy managing director Tel 021 980 4000 Date issued: 19 July 2016 Sponsor: Nedbank Corporate and Investment Banking Date: 19/07/2016 05:00:00 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.