EDGARS | Cautionary Statement

The Directors of Edgars Stores Limited wish to advise all shareholders that the Company is still engaged in discussions that may result in a transaction which may have a material impact on the value of the Company’s shares.

The Directors therefore advise shareholders to exercise caution when trading their Edgars Stores Limited shares and should consult their professional advisors before dealing in their shares.

By order of the Board

Buhlebenkosi Mpofu

Company Secretary: Edgars Stores Limited