The Board of David Jones (ASX:DJS) (“David Jones”) announced...

The Board of David Jones (ASX:DJS) (“David Jones”) announced today that it has entered into a Scheme
Implementation Deed (“SID”) with the South African based retail group Woolworths (JSE:WHL)
(“Woolworths”) under which it is proposed that Woolworths will acquire all of the David Jones shares
outstanding by way of a scheme of arrangement (“Scheme”) for A$4.00 cash per share (“Proposal”). In
addition, shareholders on the register as at 10 April 2014 will receive the interim dividend already declared
of A$0.10 per share (fully franked).