JD Group Limited
(Incorporated in the Republic of South Africa) (Registration No. 1981/009108/06)
("JD Group" or "the Company")
Share code: JDG ISIN: ZAE000030771
Bond code: JDGCB ISIN: ZAE000168415

FINALISATION ANNOUNCEMENT IN RESPECT OF THE RIGHTS OFFER

1. INTRODUCTION
1.1. Shareholders are referred to the declaration

announcement

published on

SENS on 23 May 2014

("Declaration

Announcement"),

wherein shareholders were

advised that JD Group intends to raise approximately
R1,0 billion, by way of a fully underwritten renounceable rights offer (the "Rights Offer") in terms
of which the Company will offer 40 000 000 new JD Group ordinary shares ("Rights Offer Shares") to qualifying shareholders ("Shareholders") at a subscription price of

R25.00

per Rights Offer Share, in the ratio of

17.44148

Rights

Offer Shares for every 100 JD Group

ordinary

shares

held at the

Rights

Offer

record

date,

being

Friday,

6 June 2014.

2. RIGHTS OFFER CIRCULAR
2.1. Shareholders are advised that the circular in respect of the Rights Offer ("Circular") has been formally approved by the JSE Limited. Accordingly, the Rights Offer will now be implemented in accordance with the salient dates and times as set out in the Circular and the Declaration Announcement.
2.2. The Circular which contains full details of the terms of the Rights Offer as well as a Form of Instruction in respect of Letters of Allocation, will be posted on Tuesday, 3 June 2014 to certificated Shareholders recorded as such in the share register on the Rights Offer record date. Certificated Shareholders must complete the Form of Instruction and lodge it with the Transfer Secretaries, indicating how they wish to participate in the Rights Offer.
2.3. A Circular, containing the same details of the terms of the Rights Offer, but without the Form of Instruction in respect of Letters of Allocation, will be posted on Monday, 9 June 2014 to dematerialised Shareholders recorded as such in the share register on the Rights Offer record date. Dematerialised Shareholders should receive notification from their CSDP or Broker regarding the Rights to which they are entitled in terms of the Rights Offer. However, if no such notification is received, dematerialised Shareholders should proactively contact their CSDP or Broker should they wish to participate in the Rights Offer.
BY ORDER OF THE BOARD
Steinhoff Africa Secretarial Services (Pty) Ltd
COMPANY SECRETARY
Johannesburg
27 May 2014
Corporate Advisor and Sponsor: PSG Capital Proprietary
Limited

distributed by