Trading statement for the financial year ended 31 March 2019 Lewis Group Limited Registration number: 2004/009817/06 Share code: LEW ISIN code: ZAE 000058236 (“the group”) TRADING STATEMENT FOR THE FINANCIAL YEAR ENDED 31 MARCH 2019 Shareholders are advised that the group’s financial results for the year ended 31 March 2019 have benefited from the continued turnaround in the performance of the traditional retail brands (Lewis, Best Home and Electric, and Beares) as well as the incorporation of the results of United Furniture Outlets (“UFO”) for the full 12 months (compared to two months in the previous year). The sales performance has been supported by growth in Other Revenue in the second half of the year. Costs were again tightly contained below the growth in sales while collection rates and debtors’ costs continue to reflect an improving trend. Margins have remained stable and within management’s target ranges despite increasing pressure on consumer spending and operating costs over the past year. These factors have contributed to improved profitability and shareholders are advised that the group anticipates earnings for the year to be as follows: 12 months ended 12 months ended 31 March 2018 31 March 2019 Reported Expected range Earnings per share 306.8 368.2 cps – 383.5 cps 20% to 25% higher Headline earnings per share 302.6 363.1 cps – 378.3 cps 20% to 25% higher The financial information contained in this announcement has not been audited, reviewed or reported on by the group’s external auditor. The group’s results for the year ended 31 March 2019 will be released on SENS on Wednesday, 22 May 2019. Cape Town 17 May 2019 Sponsor: UBS South Africa (Pty) Ltd Date: 17/05/2019 11:30:00 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.