Posting of circular and notice of general meeting The Foschini Group Limited (Incorporated in the Republic of South Africa) (Registration number 1937/009504/06) Ordinary share code: TFG Preference share code: TFGP Ordinary share ISIN: ZAE000148466 Preference share ISIN: ZAE000148516 (“TFG” or “the Company”) POSTING OF CIRCULAR AND NOTICE OF GENERAL MEETING Further to the TFG announcement released on SENS on 25 May 2017 containing details of the acquisition of Retail Apparel Group, investors are advised that the Company has posted a circular today, Friday, 30 June 2017, to pass the resolutions required for the board of TFG to issue shares for the settlement of all or a portion of the acquisition funding (‘the Circular’). The Circular contains a notice to the general meeting and a form of proxy. TFG shareholders are advised that the Circular is also available on TFG’s website: www.tfglimited.co.za. The general meeting has been convened, in terms of the notice forming part of the Circular, to vote on the proposed resolutions. The general meeting is to be held at 15:00 on Friday, 28 July 2017 at the offices of The Foschini Group Limited which is located at Stanley Lewis Centre, 340 Voortrekker Road, Parow East, Cape Town (‘EGM’). The salient dates and times are as follows: Event 2017 Record date to determine which TFG shareholders are entitled to Thursday, 15 June 2017 receive the Circular Circular posted to TFG shareholders on Friday, 30 June 2017 Last day to trade to be recorded in the register to be eligible to attend Tuesday, 18 July 2017 and vote at the EGM Record date for TFG shareholders to be recorded in the register to Friday, 21 July 2017 be eligible to attend and vote at the EGM Forms of proxy for the EGM should (but are not required to) be Wednesday, 26 July 2017 received by the transfer secretaries by no later than 15:00 on* EGM of the TFG shareholders held at 15:00 on Friday, 28 July 2017 Results of the EGM announced on SENS on Friday, 28 July 2017 * any proxies not lodged with the Company’s transfer secretaries, Computershare Investor Services Proprietary Limited, by this time must be handed to the chairperson of the EGM immediately prior to the commencement of the EGM. Cape Town 30 June 2017 Sole financial advisor and transaction sponsor to TFG RAND MERCHANT BANK (A division of FirstRand Bank Limited) Legal advisor to TFG ENS Africa Date: 30/06/2017 02:30:00 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.