Additional constant currency disclosures in respect of interim results THE FOSCHINI GROUP LTD Reg. No.: 1937/009504/06 Code : TFG - TFGP ISIN: ZAE000148466 – ZAE000148516 (“Company” or the “Group”) Additional constant currency disclosures in respect of interim results Shareholders are referred to the announcement released by the Company on the Stock Exchange News Service of the JSE Limited on 2 November 2017 regarding the Group’s unaudited interim condensed consolidated results for the half-year ended 30 September 2017. Pro forma constant currency information was disclosed in the interim results due to the volatile nature of currency fluctuations during the period, in order to illustrate the impact of GBP on the Group’s foreign operating segments using the corresponding prior period average rate. For certain key metrics (Group turnover, headline earnings excluding acquisition costs and headline earnings per share excluding acquisition costs), TFG London results were translated at the corresponding prior period average rate of R20.00:1GBP, compared to a current period average of R17.09:1GBP. The pro forma constant currency information disclosed is the responsibility of the Group's directors. The pro forma constant currency information has been presented to illustrate the impact of changes in currency rates on the Group's results and may not fairly present the Group's results of operations. The pro forma constant currency information has not been reviewed or reported on by the Company’s auditors. Cape Town 13 November 2017 Sponsor: UBS South Africa Proprietary Limited Date: 13/11/2017 02:00:00 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.