Trading Update for 20 Weeks to 14 January 2018 Clicks Group Limited (Incorporated in the Republic of South Africa) Registration number: 1996/000645/06 JSE share code: CLS ISIN: ZAE000134854 CUSIP: 18682W205 (“Clicks Group” or “the group”) TRADING UPDATE FOR 20 WEEKS TO 14 JANUARY 2018 - Clicks sales up 14.2% - Clicks comparable store volume growth of 4.8% - Group turnover up 11.3% The Clicks chain increased sales by 14.2% in the 20 weeks to 14 January 2018 (“the period”) as the brand continued to show its resilience in the current tight consumer spending environment. Clicks reported comparable store sales growth of 7.5% and showed real volume growth of 4.8% as selling price inflation measured 2.7%. Total group retail sales increased by 13.0% and by 6.7% on a comparable store basis, with selling price inflation of 3.0%. UPD, the group’s pharmaceutical wholesale and distribution business, increased turnover by 11.6%, ahead of selling price inflation which averaged 6.2% for the period. Total group turnover for the period grew by 11.3% to R11.1 billion. Segmental turnover analysis Total sales Inflation for the growth (%) period (%) Retail 13.0 3.0 Distribution 11.6 6.2 Intragroup turnover 20.5 - Total group 11.3 4.2 Chief executive David Kneale said as a value retailer Clicks appeals to cash- strapped consumers. “Sales continue to be driven by our strong promotional offer, with the "3 for 2" promotion on Christmas gifting again proving highly attractive. We are also encouraged by the incremental sales from our online store over the festive season.” “Inflation is expected to moderate further in the months ahead, particularly in UPD which will be impacted by the recently announced SEP increase of only 1.26% for 2018.” “While we are also not anticipating any easing of the financial pressure on consumers, we remain confident in our ability to trade through these challenging market conditions, as demonstrated by our recent performance,” said Kneale. The financial information in this trading update has not been reviewed or reported on by the group’s independent auditor. Clicks Group’s interim results for the six months to 28 February 2018 will be released on SENS on or about 19 April 2018. Cape Town 22 January 2018 For further information contact Tier 1 Investor Relations Tel: +27 (21) 702 3102 Sponsor Investec Bank Limited Date: 22/01/2018 10:00:00 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.