The directors of Truworths International Limited have resolved to declare a gross cash dividend from retained earnings in respect of the 26-week period ended 29 December 2019 in the amount of 249 South African cents (2018: 249 South African cents) per ordinary share to shareholders reflected in the company's register on the record date, being 13 March 2020. The last day to trade in the company's shares cum dividend is Tuesday, 10 March 2020. Consequently no dematerialisation or rematerialisation of the company's shares may take place over the period from, 11 March 2020 to 13 March 2020, both days inclusive. Trading in the company's shares ex dividend will commence on 11 March 2020. The dividend is scheduled to be paid in South African Rand (ZAR) on 16 March 2020.

The board announced the appointment of Ms. Tshidi Mokgabudi as an independent non-executive director of the company with effect from 19 February 2020.