20 June 2014

The Manager

Company Announcements Platform

ASX Limited

Exchange Centre

20 Bridge Street

SYDNEY NSW 2000

Dear Sir/ Madam

DAVID JONES SCHEME MEETING POSTPONED UNTIL 14 JULY 2014

We advise that David Jones (ASX: DJS) has today sent the attached letter to Shareholders regarding the above.

Yours sincerely,

Susan Leppinus Company Secretary David Jones Limited

David Jones Limited A.C.N. 000 074 573

A.B.N. 75 000 074 573


20 June 2014

l- 000001


Dear shareholder,

DAVID JONES SCHEME MEETING POSTPONED UNTIL 14 JULY 2014 l am writing to inform you that on 19 June 2014 the David Jones Board announced that it has postponed the Company's meeting of shareholders from 30 June 2014 to 14 July 2014 ("Scheme Meeting"). The Scheme Meeting is being held for David Jones shareholders to vote on the proposal by South African retailer Woolworths Holdings Limited (Woolworths) to acquire ali of the issued shares of David Jones at a price of $4.00 per share by way of a Scheme of Arrangement ("Woolworths Proposal").

The Board decided to postpone the Scheme Meeting following lodgement of a substantial shareholder notice by Australian Retail lnvestments Pty Ltd (ARI) on 18 June 2014, confirming that entities associated with Mr Solomon Lew hold 9.89% of David Jones' issued shares.
On 19 June 2014 David Jones (with the agreement of Woolworths) applied to the Federai Court seeking a two week postponement of the Scheme Meeting. The Court granted this postponement to allow sufficient time for the David Jones Board to assess the implications of ARI's shareholding in David Jones for shareholders.

The Scheme Meeting will now be held on Monday 14 July 2014 at the Wesley Conference Centre, 220 Pitt Street, Sydney, commencing at 10.00 am. The time for determining eligibility to vote at the Scheme Meeting will now be 7.00 pm on Saturday 12 July 2014. Signed and completed proxy forms must be received by 10.00 am Saturday 12 July 2014.

Enclosed as Annexure A, is an updated timetable for your information relating to the remainder of the Scheme process.

David .Jones Limited A.C.N. 000 07 4 573

A.B.N. 75 000 074 573

Samples/00000 1/00000 l


The David Jones Board will continue to keep shareholders updated of any further developments in accordance with its continuous disclosure obligations. Please be aware that any future developments could result in a further postponement of the Scheme Meeting.

The David Jones Board continues to unanimously recommend that in the absence of a superior proposal, David Jones shareholders vote in favour of the Woolworths Proposal. YOUR VOTE IS IMPORTANT

lf you have already voted and do not wish to change your vote, you do not need to take any action. lf you have not yet voted, or have submitted a proxy form and wish to change your vote then you can request another proxy form by calling the David Jones Shareholder lnformation Line on either 1300 580 123 or +613 9415 4339 (from outside Australia) between 9.00am and 5.00pm Monday to Friday. In addition if you have any questions please contact the David Jones Shareholder lnformation Line.
Yours Sincerely

Gordon Cairns

Chairman
David Jones Limited

David .Jones Limited A.C.N. 000 07 4 573

A.B.N. 75 000 074 573


ANNEXURE A: UPDATED TIMETABLE

New proposed date

-iiiiiiiii


Latest time and date for receipt of proxy forms (including proxies lodged online), powers of attorney or certificates of appointment of body corporate representative by the David Jones Share Registry 1for

the Scheme Meeting

lO.OOam on Saturday 12 July 2014

Time and date for determining eligibility to vote at the Scheme

Meeting

7.00pm on Saturday 12 July 2014

The Scheme Meeting to be held at the Wesley Conference Centre,

220 Pitt Street, Sydney

lO.OOam on Monday 14 July 2014

lf the Scheme is agreed to by the requisite majorities of David Jones Shareholders:

Second Court Date (for approvai of the Scheme) Thursday 17 July 2014

Outcome of Second Court Hearing announced to ASX Thursday 17 July 2014

Effective Date (Federai Court arder lodged with ASIC and announcement by David Jones to ASX)

Friday 18 July 2014

David Jones Shares suspended from trading on ASX Close of trading on Friday 18 July 2014

Scheme Record Date (for determining entitlements to Scheme

Consideration)

Friday 25 July 2014

lmplementation Date (for despatching Scheme Consideration to

Scheme Shareholders)

Friday lAugust 2014

Scheme Consideration will be sent to Scheme Shareholders (by either cheque or electronic funds transfer into the nominated bank accounts used for dividend payments)

Friday lAugust 2014

Ali dates in the above timetable are indicative only andare subject to change. The actual timetable will depend on many factors outside the contro! of David Jones, including approvals from the Federai Court of Australia (New South Wales registry) and other regulatory authorities. Any changes will be announced by David Jones on ASX and published on David Jones' websit e at ht t p://www.d a vidjon es . com . a u/For - lnv esto r s /ASX - a nd - M e di a - R e l eases .

1 The latest time and date for hand delivery of proxy forms, powers of attorney or certificates of appointment of body corporale representative will be 5.00pm on Friday 11 July 2014.


David Jones Limited A.C.N. 000 074 573

A.B.N. 75 000 074 573

Samples/000001/000002/i

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