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

JD Group wishes to advise holders of the JD Group Convertible Bond ("the Bond") that in terms of Condition 9.2 (a)(iii)(B) ("Adjustment of Conversion Price") of the final offering circular dated 13 June 2012, the conversion price in relation to the Bond has been adjusted as a result of the annual dividend threshold being exceeded. The price has been adjusted from ZAR 55.80 to ZAR 54.02.

Accordingly, the number of ordinary shares of JD Group underlying each Bond has increased from 179 to 185 shares effective from the commencement of trading on 15 October 2013. The total number of shares to be issued on conversion, based on the ZAR 1 billion outstanding, is now expected to be 18 511 355 shares.

16 October 2013

Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)

Sponsor
PSG Capital (Proprietary) Limited

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