JD GROUP LIMITED - Adjustment to the JD GROUP Convertible Bond Conversion Price

Adjustment to the JD GROUP Convertible Bond Conversion Price

JD Group Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1981/009108/06)
(“JD Group”)
Share code: JDG     ISIN: ZAE000030771
Bond code: JDGCB    ISIN: ZAE000168415

ADJUSTMENT TO THE JD GROUP CONVERTIBLE BOND CONVERSION PRICE

JD Group wishes to advise holders of the JD Group Convertible
Bond (“the Bond”) that in terms of Condition 9.2 (a) (iii)(B)
(“Adjustment      of    Conversion      Price”)   of    the     final    offering
circular dated 13 June 2012, the conversion price in relation
to   the   Bond   has    been    adjusted   as    a result      of    the    annual
dividend threshold being exceeded. The price has been adjusted
from ZAR 55.80 to ZAR 54.02.


Accordingly,      the     number   of    ordinary      shares    of     JD    Group
underlying each Bond has increased from 179                     to    185 shares
effective from the commencement of trading on 15 October 2013.
The total number of shares to be issued on conversion, based
on   the   ZAR    1    billion   outstanding,     is   now    expected       to   be
18 511 355 shares.


16 October 2013

Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)

Sponsor
PSG Capital (Proprietary) Limited

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