WHL: WOOLWORTHS HOLDINGS LIMITED - Disclosure of significant holding of Woolworths Holdings ordinary shares

WHL: WOOLWORTHS HOLDINGS LIMITED - Disclosure of significant holding of Woolworths Holdings ordinary shares

WHL: WOOLWORTHS HOLDINGS LIMITED - Disclosure of significant holding of Woolworths Holdings ordinary shares Disclosure of significant holding of Woolworths Holdings ordinary shares Woolworths Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 1929/001986/06) Share code: WHL ISIN: ZAE000063863 ('Woolworths Holdings' or 'the company') DISCLOSURE OF SIGNIFICANT HOLDING OF WOOLWORTHS HOLDINGS ORDINARY SHARES In accordance with the provisions of paragraph 3.83(b) of the JSE Limited Listings Requirements and section 122(3) of the Companies Act 71 of 2008, as amended ('the Act') shareholders are advised of the following: On 31 August 2016, the company announced that Lazard Asset Management´s ('Lazard') accounts under its management had increased its holding in the company to 5.0% of the total issued shares. On 23 September 2016, the company received formal notification that Lazard´s interest in the company had reduced to 4.98%. As the disposal constituted less than 1% of the total issued ordinary shares of Woolworths Holdings, no shareholder notification was required in terms of the Act. Shareholders are now advised that the company has received formal notification that accounts under Lazard´s management has again increased Lazard´s holding in the company, such that it now holds 5.22% of the total issued ordinary shares in Woolworths Holdings. As required in terms of section 122(3)(a) of the Act, the company has filed the required notice with the Takeover Regulation Panel. Cape Town 5 January 2017 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 05/01/2017 04:03:00 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.

2017-01-05 16:03:00 Source: JSE News Service (SENS)