Ann: Trading update and Board appointment, page-5

I guess people are selling and people are buying and we will find out who is wrong and who is right. I hold TRS shares and shop at the Reject Shop and always find it to be a good experience and the fact that all the smaller discount stores are closing is all good for the Reject Shop .

(The Company continues to look for new locations, particularly in regional Australia, where it can more conveniently serve more Australians. The national store footprint has increased to 359 stores (previously 354 stores at the half year results announcement). The Company expects to progressively open a further two stores in June and nine stores during the first quarter of FY22.)