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Tue 10 Feb 2004, 13:28 TRADING UPDATE AND CAUTIONARY ANNOUNCEMENT
SHOPRITE HOLDINGS LIMITED - TRADING UPDATE AND CAUTIONARY ANNOUNCEMENT          
Shoprite Holdings Limited                                                       
(Incorporated in the Republic of South Africa)                                  
(Registration number 1936/007721/06)                                            
ISIN no: ZAE 000012084                                                          
JSE share code: SHP                                                             
NSX share code: SRH                                                             
LuSE share code: SHOPRITE                                                       
("Shoprite")                                                                    
TRADING UPDATE AND CAUTIONARY ANNOUNCEMENT                                      
Shoprite shareholders are advised that earnings attributable to shareholders    
excluding unrealised foreign exchange translation differences for the six months
ended 31 December 2003 will be materially higher than that of the comparative   
period for 2002 and earnings attributable to shareholders including unrealised  
foreign exchange translation differences will be substantially higher than that 
of the comparative period for 2002.                                             
This trading update is made in accordance with the JSE Securities Exchange South
Africa Listings Requirements and the terms "material" and "substantial" are used
as defined therein.                                                             
Further details will be provided when Shoprite"s results for the six months     
ended 31 December 2003 are published on 17 February 2004.                       
As the above statements have not been reviewed and reported on by Shoprite"s    
auditors, shareholders are advised to continue exercising caution when dealing  
in Shoprite"s shares until the publication of the results.                      
Johannesburg                                                                    
10 February 2004                                                                
Sponsor                                                                         
Nedbank Corporate                                                               
Date: 10/02/2004 01:20:02 PM
Produced by the JSE SENS Department                                             
                                                                                
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