WOOLWORTHS GROUP LIMITED — Capital/Financing Update 2011

Apr 6, 2011

07.04.11

PRESS RELEASE

Woolworths prices US$850 million of senior notes

Woolworths Limited (Woolworths) this week priced a US$300 million senior note issue and a US$550 million senior note issue in the United States 144A bond market.

Both are fixed rate notes and will be issued by Woolworths Limited. The US$300 million senior notes have a coupon of 3.15% for a term of five years and were priced at 99.917% of the principal amount. The US$550 million senior notes have a coupon of 4.55% for a term of 10 years and were priced at 99.738% of the principal amount.

Proceeds from the notes will be used to refinance existing debt facilities and for general corporate purposes.

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The securities referenced above have not been and will not be registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements

CONTACT DETAILS: Woolworths Press Office on (02) 8885 1033.