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Mon 1 Sep 2008, 16:30 MPC - Mr Price Group Limited - Hedging by a director
MPC
MPC                                                                             
MPC - Mr Price Group Limited - Hedging by a director                            
Mr Price Group Limited                                                          
Registration number 1933/004418/06                                              
Incorporated in the Republic of South Africa                                    
ISIN: ZAE000026951                                                              
JSE share code: MPC                                                             
Hedging by a director                                                           
In compliance with the JSE Limited Listings Requirements, the following         
information is disclosed:                                                       
Director                     :     Mr S van Niekerk                             
Company                      :     Mr Price Group Limited                       
Date of transaction          :     29 August 2008                               
Nature of transaction        :     Purchase of put options and sale of call     
                                  options with an expiration date of 29 August  
                                  2011 (option collar entered into for hedging  
purposes)                                     
Type of options              :     European style options                       
Number of shares in respect                                                     
of which option collar                                                          
entered into                 :     297 662                                      
Put strike price             :     R22.00                                       
Call strike price            :     R27.94                                       
Nature and extent of                                                            
director`s interest          :     Direct beneficial                            
Clearance obtained           :     Yes                                          
Durban                                                                          
1 September 2008                                                                
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 01/09/2008 16:30:01 Produced by the JSE SENS Department.                  
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