WOOLWORTHS GROUP LIMITED — Capital/Financing Update 2011

Aug 10, 2011

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11 August 2011

The Manager, Companies Australian Securities Exchange Company Announcements Office Level 4 20 Bridge Street Sydney NSW 2000

Dear Sir,

WOOLWORTHS NOTES - INTENTION TO REDEEM

We advise that Woolworths Limited ( Woolworths ) intends to redeem, in whole, all of the Woolworths Notes on 15 September 2011.

Woolworths Notes are expected to cease trading on the Australian Securities Exchange on Thursday, 1 September 2011. Woolworths Notes holders who are on the register at 7.00pm (Sydney time) on Wednesday, 7 September 2011 will be entitled to be paid on 15 September 2011 redemption proceeds of $100 face value per Woolworths Note, plus the final interest payment of $1.54 per Woolworths Note (which is the accumulated interest up to and including 14 September 2011).

Woolworths proposes to dispatch formal redemption notices to holders of Woolworths Notes on or around 15 August 2011.

Above dates are indicative and subject to change.

For and on behalf of

WOOLWORTHS LIMITED

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PETER J. HORTON Group General Counsel and Company Secretary

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