Redemption finalisation announcement - SHPCB Shoprite Investments Limited (Incorporated in the Republic of South Africa) (Registration number 1985/000928/06) Stock code: SHPCB ISIN: ZAE000166997 (“Shoprite Investments” or “the Issuer”) REDEMPTION FINALISATION ANNOUNCEMENT Further to the notice to bondholders regarding the redemption of the Shoprite Investments ZAR4,700,000,000 Senior Unsecured Guaranteed Convertible Registered Bonds (“the SHPCB convertible bond”) announcement released on SENS on 8 March 2017, bondholders are further advised of the finalisation details of the SHPCB convertible bond redemption, which is effective 3 April 2017. The salient dates applicable to the final redemption are as follows: Conversion Notice Deadline: Close of business, Friday, 24 March 2017 Finalisation Date: Tuesday, 28 March 2017 Last Day to Trade: Tuesday, 28 March 2017 Ex-date: Wednesday, 29 March 2017 Suspension of securities: Wednesday, 29 March 2017 RD: Friday, 31 March 2017 Payment Date: Monday, 3 April 2017 Redemption date: Monday, 3 April 2017 Termination date: Tuesday, 4 April 2017 After the conversion of all conversion notices received by close of business on Friday, 24 March 2017, the Issuer has an outstanding principal amount of 11,329 bonds in issue. An amount of ZAR 10 000 per bond will be paid with a total of ZAR 113,290,000.00 payable on the payment date. The interest accrued per bond is ZAR 325.00 with the total interest amount of ZAR 3,681,925.00. Interest is payable in accordance with the payment date provided in the salient dates above. 28 March 2017 Debt Sponsor Rand Merchant Bank (A division of FirstRand Bank Limited) Date: 28/03/2017 11:01:00 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.