Mr Price Group Limited - Results of Annual General
MPC
MPC
Mr Price Group Limited - Results of Annual General Meeting and Trading Update
MR PRICE GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1933/004418/06)
Share Code: MPC
ISIN: ZAE000026951
("The Mr Price group" or "the group")
RESULTS OF ANNUAL GENERAL MEETING AND TRADING UPDATE
At the 73rd annual general meeting ("the meeting") of the shareholders of the Mr
Price group held today, 27 July 2006, all the ordinary resolutions and the
special resolution proposed at the meeting were duly approved.
The special resolution will be lodged for registration with the Registrar of
Companies in due course.
The Mr Price group trading update for the first three months of the financial
year ending 31 March 2007 reflects that the positive trading trend continued
into the current financial year. The group reported sales growth of 23% for
continuing operations over this period with comparable sales growing by 13%.
The apparel division, comprising Mr Price and Miladys, reported sales growth for
the quarter of 16% with comparable sales growing by 11%. The home division,
comprising Mr Price Home and Sheet Street reported sales growth of 39% with
comparable sales growing by 17%.
Durban
27 July 2006
Sponsor
RAND MERCHANT BANK
(A division of FirstRand Bank Limited)
Date: 27/07/2006 01:00:04 PM Produced by the JSE SENS Department
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