SUPER RETAIL GROUP LIMITED — M&A Activity 2010

May 31, 2010

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1 June 2010

ASX Announcement / Media Release

Super Cheap Auto Group Limited Completes Acquisition of Rays Outdoors

Super Cheap Auto Group Limited (the “ Company ”) yesterday evening successfully completed its acquisition of Ray’s Outdoors announced to the market on 27 April 2010.

Following stock counts of all Ray’s Outdoors stores and its distribution centre, the final consideration for the business was agreed at $53.0 million.

The Company noted that minor post – settlement adjustments for pre-payments and accruals will be finalised prior to the end of the current financial year.

ENDS

For further information please contact:

Peter Birtles Managing Director Super Cheap Auto Group Ph: 07 3482 7500

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