WOOLWORTHS GROUP LIMITED — Capital/Financing Update 2015

Mar 2, 2015

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1 Woolworths Way, Bella Vista New South Wales 2153 Australia Telephone +61 2 8885 0000 Facsimile + 61 2 8885 0001 woolworthslimited.com.au

3 March 2015

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

Dear Sir/Madam

RE: Sale of holding in The Warehouse Group Limited

Please find attached an announcement concerning the Sale of Woolworths Limited’s holding in The Warehouse Group Limited.

For and on behalf of WOOLWORTHS LIMITED

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RICHARD DAMMERY Chief Legal Officer and Company Secretary

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3 March 2015

Sale of holding in The Warehouse Group Limited

Woolworths Limited (Woolworths) has agreed to sell its shareholding of 30,548,887 ordinary shares in The Warehouse Group Limited (WHS), which is held by Woolworths’ wholly‐owned NZ subsidiary General Distributors Limited, to James Pascoe Limited at NZ$2.85 per share.

The Directors of Woolworths have determined that the investment in WHS is no longer required as part of its New Zealand strategy.

For media enquiries please contact Woolworths Limited Press Office ph 02 8885 1033 / email media@woolworths.com.au