WHL Australasian Regional Structure Woolworths Holdings Limited (“WHL” or “the company”) (Incorporated in the Republic of South Africa) (Registration number 1929/001986/06) Share code: WHL ISIN: ZAE000063863 WHL Australasian Regional Structure WHL is pleased to announce a new regional structure for its Australasian businesses, David Jones and Country Road Group. WHL previously announced its intent to relocate both the existing David Jones head office in Sydney and the Country Road Group head office in Melbourne to a single campus based in Richmond, Melbourne. Consistent with the desire to create a single entity benefitting from economies of scale and an aligned culture, the company is now creating a single regional corporate structure. The region will be headed by a Chief Executive Officer with a team of regional executives covering the core operational functions plus the Chief Executive Officer of Country Road Group, and Managing Directors of David Jones Food and David Jones Clothing and General Merchandise. Ian Moir, WHL Group Chief Executive Officer said, “The creation of a single regional structure is the logical next step for our business. It enables the benefits and synergies of the Australian acquisitions to be fully realised and allows the creation of a single team and culture focussed on our Australian customers and driving improved shareholder returns for the WHL Group.” John Dixon, currently Chief Executive Officer of David Jones, will assume the role of Chief Executive Officer, WHL Australasia, encompassing Country Road Group and David Jones and with responsibility for the WHL’s Australasian operations with effect from 1st September 2017. The new regional structure will have no impact on the combined headcount of the David Jones and Country Road Group businesses with approximately 1 300 employees located at the new Australasian Head Office campus following completion. Over time, WHL expects its head office team will increase to approximately 1 500 employees. 24 March 2017 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 24/03/2017 07:05:00 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.