Update on referral by the NCR to the NCT for alleged breach of National Credit Act Mr Price Group Limited Registration number 1933/004418/06 Incorporated in the Republic of South Africa ISIN: ZAE000200457 JSE share code: MRP ("Group") UPDATE ON REFERRAL BY THE NATIONAL CREDIT REGULATOR TO THE NATIONAL CONSUMER TRIBUNAL FOR ALLEGED BREACH OF NATIONAL CREDIT ACT On 1 June 2017 the Group advised shareholders that the Group was opposing the referral by the National Credit Regulator (NCR) to the National Consumer Tribunal (NCT) for an alleged breach of the National Credit Act. The alleged breach is in relation to the club product fee charged by the Group's Miladys trading division. The Group received notification on 31 May 2019 that the NCR no longer wished to pursue the matter further and has withdrawn its referral to the NCT. Durban 3 June 2019 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 03/06/2019 03:00:00 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.