TAS - Taste Holdings Limited - Voluntary sales upd

TAS
TAS
TAS - Taste Holdings Limited - Voluntary sales update
TASTE HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2000/002239/06)
JSE code: TAS
ISIN: ZAE000081162)
("Taste")
VOLUNTARY SALES UPDATE
Taste is pleased to report that both its food and jewellery divisions
experienced positive sales growth in December 2011, building on the
positive growth recorded in the first half of the year.
Consequently, for the period 1 March 2011 to 31 December 2011 ("year-to-
date") the Jewellery division, consisting of the NWJ brand, recorded a
system-wide sales increase of 4.2% when compared to the comparable period
in 2010. This increase was on the back of fewer jewellery stores. Same-
stores sales growth increased from 0.5% for the 6 months ended 31 August
2011, to 1.5% for the year-to-date. Of significance was the continued
strong sales performance of the 18 corporate owned jewellery outlets, with
a year-to-date same-store sales increase of 14.6%.
The food division, consisting of Scooters Pizza, St Elmo`s Woodfired Pizza
and Maxi`s, shows a year-to-date increase in system-wide sales of 26.6%
with same-store-sales increasing 5.4% for that period.
Johannesburg
18 January 2012
Sponsor
Vunani Corporate Finance
Date: 18/01/2012 15:41:01 Produced by the JSE SENS Department.
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