Notification in terms of Section 122(3) of the Companies Act and paragraph 3.83(b) of the JSE Listings Requirements THE FOSCHINI GROUP LTD Reg. No.: 1937/009504/06 Code : TFG ISIN : ZAE000148466 (“TFG” or the “Company”) Notification in terms of Section 122(3) of the Companies Act and paragraph 3.83(b) of the JSE Listings Requirements In accordance with section 122(3) of the Companies Act 71 of 2008 (“the Act”) and paragraph 3.83(b) of the JSE Limited Listings Requirements, shareholders are advised that the Company has received formal notification that Coronation Asset Management (Pty) Ltd (“Coronation”), has increased its interest in the ordinary shares of the Company such that the total interest in the ordinary shares of the Company held by Coronation amounts to 5.01% of the total issued ordinary share capital of the Company. As required in terms of section 122(3)(a) of the Act, the Company has filed the required notices with the Takeover Regulation Panel. Cape Town 14 October 2020 Sponsor: UBS South Africa Proprietary Limited Date: 14-10-2020 12:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.