Offer to Buy Back Shares

RNS Number:2634F
Shoprite Group PLC
05 October 2007


SHOPRITE GROUP P.L.C.

OFFER TO BUY BACK ("OFFER") UP TO 14,838,077 ORDINARY SHARES OF 5P

Shoprite Group P.L.C. ("Shoprite") has today announced an offer to buy back up
to 14,838,077 shares (approximately 20% of the current issued share capital of
the company).  The offer document will be available shortly on the company
website (www.manxshoprite.com) and will also be posted to all shareholders that
were on the register on 28 September 2007.   Authority for the buy back was
granted on 29 May 2007 at the Annual General Meeting of the Company.  The Offer
price is 15.4 pence, 10% above the closing middle market price of 14.0 pence as
quoted by the London Stock Exchange on 4 October 2007. This is the maximum price
that can be paid under the authority which has been granted. The Offer will
close on Thursday 15 November 2007 at 3.00pm.

If acceptances are received for a total number of Shares in excess of
14,838,077, then the number of Shares repurchased from each Shareholder will be
pro-rated in accordance with the number of shares held by each Shareholder
participating in the Offer.


For further information, please contact

Dennis McAdam
Company Secretary
Shoprite Group plc
Centre House
Little Switzerland
Douglas
Isle of Man
IM2 4RE

Email: Dennis.McAdam@manxshoprite.com
Tel: 01624 683333
Fax: 01624 683344

Shore Capital & Corporate Ltd - Nominated Adviser
Alex Borrelli - 0207 408 4090


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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