Finalisation Announcement In Respect Of The Redemption Of Preference Shares Shoprite Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 1936/007721/06) ISIN no: ZAE000012084 JSE share code: SHP NSX share code: SRH LUSE share code: SHOPRITE (“Shoprite Holdings” or “the Company”) Shoprite Holdings 6% cumulative preference shares (“SHP1” or the “Preference Shares”) JSE Share Code: SHP1 ISIN no: ZAE000006672 FINALISATION ANNOUNCEMENT IN RESPECT OF THE REDEMPTION OF PREFERENCE SHARES 1. INTRODUCTION Shareholders are referred to the announcements released on SENS on 29 September 2014, 27 October 2014 and 31 October 2014 regarding the amendments to the Company’s Memorandum of Incorporation (“MOI”) in order to convert the Preference Shares currently in issue and listed on the JSE Limited’s Main Board, being SHP1, into cumulative redeemable preference shares, to be redeemed at a price of R2.00 (two Rand) per Preference Share on 17 November 2014 (the “Redemption”). The Company is pleased to advise Shareholders that the resolutions to give effect to the Redemption have been accepted and placed on file by the Companies and Intellectual Property Commission (“CIPC”). Shareholders are reminded of the following salient dates in terms of the Redemption of the SHP1 Preference Shares: 2014 Finalisation announcement relating to the Redemption of SHP1 Preference Shares released on SENS on Friday, 14 November Finalisation announcement relating to the Redemption of SHP1 Preference Shares published in the press on Monday, 17 November Last date to trade in the SHP1 Preference Shares to be eligible for the Redemption on Friday, 21 November Suspension of SHP1 Preference Shares on the JSE trading system on Monday, 24 November Record date to determine the shareholders whose SHP1 Preference Shares will be subject to the Redemption on Friday, 28 November Redemption of the SHP1 Preference Shares on Monday, 1 December Payment of cash for the Redemption of the SHP1 Preference Shares on Monday, 1 December Termination of SHP1 Preference Shares on the JSE trading system at commencement of traded on Tuesday, 2 December Notes: 1. Shareholders may not dematerialise or rematerialise their SHP1 preference shares after Friday, 21 November 2014. Cape Town 14 November 2014 Transactional Sponsor and Corporate Advisor Bravura Capital (Pty) Ltd Date: 14/11/2014 09:31:00 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.