Ananlysis of Shoprite

2011

|Table of Contents |Page |

|Overview |3 |

|PESTLE analysis |4 |

|Ratio analysis |6 |

|Recommendation |10 |

|Appendix A: Extract from Shoprite Holdings Ltd Annual Report 2010 | |

|Appendix B: Extract from Pick n Pay Holdings Ltd Annual Report 2011 | |

|Appendix C: Share price analysis over 5 years | |

|Appendix D: Dividend yield analysis over 5 years | |

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Overview

The Shoprite Group of Companies, Africa's largest food retailer, operates 1225 corporate and 280 franchise outlets in 16 countries across Africa and the Indian Ocean Islands. The Company's head quarters are situated in the Western Cape province of South Africa. Shoprite Holdings Ltd is a public company listed on the JSE Limited, with secondary listings on both the Namibian and Zambian Stock Exchanges. Its ownership therefore lies in the hands of it’s almost 5 000 shareholders. The Group is continuing its implementation of a strategic expansion program to maintain its position as the leading food retailer on the...