WOOLWORTHS GROUP LIMITED — Capital/Financing Update 2013

Jun 17, 2013

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18 June 2013

The Manager Company Announcements Office ASX Limited Level 4, Exchange Centre 20 Bridge Street SYDNEY NSW 2000

Dear Sirs,

Woolworths Limited (ASX: WOW)

Woolworths Limited - tender offer to buy back US 144A Notes – Final Results

Woolworths Limited today announced that as at the Expiration Date of 14 June 2013 in the United States, it had received valid tenders of US$744,362,000 in aggregate principal amount in response to its tender offer announced on 17 May 2013 to buy back up to US$630 million in aggregate principal amount of outstanding Notes. The tender offer was comprised of two pools of US$370 million (“Tender Pool 1”) and US$260 million (“Tender Pool 2”), totalling US$630 million, in relation to which valid tenders of US$499,470,000 and US$244,892,000 respectively were received.

The company has accepted for purchase all US$244,892,000 of the series of Notes included in Tender Pool 2 that were validly tendered and not validly withdrawn. Because the aggregate amount of the series of Notes included in Tender Pool 1 exceeds US$370,000,000, the validly tendered and not withdrawn Notes in such series of Notes accepted for purchase will be prorated as provided in the Offer to Purchase with a proration factor of 74.05%, resulting in US$369,881,000 of such Notes being purchased.

The total of Notes to be purchased is US$614,773,000

A one-off cost will be incurred in FY2013, representing a premium paid on the Notes to redeem early and termination of associated derivatives. This one-off cost will be more than offset by future net interest savings in both gross and present value terms due to a reduction in the weighted average cost of Woolworths’ remaining debt.

Yours faithfully WOOLWORTHS LIMITED

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Peter Horton

Group General Counsel and Company Secretary

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