The directors of the Truworths International Ltd. have resolved to declare a gross cash dividend from retained earnings in respect of the 26-week period ended December 30, 2012 in the amount of 204 cents (2011: 169 cents) per share to shareholders reflected in the company's register on the record date, March 15, 2013. The last day to trade in the company's shares cum dividend is March 8, 2013. Trading in the company's share ex dividend will commence on March 11, 2013. The dividend will be payable in South African Rand on March 8, 2013.

The board announced the appointment of David Pfaff as Group Chief Financial Officer (Designate) with effect from April 1, 2013. David
will undergo an induction programme and will thereafter be appointed as Group Chief Financial Officer. David (47), a chartered accountant, has previously spent seven years with a large listed IT company in the period up to 2008 as Chief Financial Officer. He has spent the last four years as
an independent consultant in London where he has been instrumental in setting up a number of entrepreneurial ventures.

The company announced unaudited earnings results for the 26 weeks to December 30, 2012. For the 26 weeks, the company reported revenue was ZAR 5,876 million against ZAR 5,130 million a year ago. Profit before tax was ZAR 1,948 million against ZAR 1,726 million a year ago. Profit attributable to owners of the parent was ZAR 1,403 million against ZAR 1,173 million a year ago. Fully diluted basic and headline earnings per share were 324.8 cents against 272.3 cents a year ago. Net cash from operating activities was ZAR 1,301 million against ZAR 459 million a year ago. Acquisition of plant and equipment to maintain operations was ZAR 24 million against ZAR 17 million a year ago. Acquisition of property, plant and equipment to expand operations was ZAR 95 million against ZAR 66 million a year ago. Headline earnings per share (HEPS) were 331.3 cents, an increase of 19% over the prior period's 277.6 cents. This performance is in line with the earnings range in the Group's trading statement released on SENS on January 18, 2013. Diluted HEPS of 324.8 cents were 19% higher against 272.3 cents over the prior period. The Group's financial position strengthened, with net asset value per share increasing by 18% to 1,567.6 cents against 1,326.2 cents a year ago. The annualized returns on equity and assets were 44% against 45% a year ago. Annualized returns on assets were 45% against 49% a year ago. Annualized returns on capital were 62% against 66% a year ago.