1. financial services

2. woolworths card Card debtors increased by 27.4% to R2.4bn Number of accounts increased by 9% to 1.16m Contribution to sales increased to 33.7% (2003: 32.8%)

3. financial services personal loans Personal loans increased by 33.5% to R670m Number of accounts increased by 16% to 137 000

4. financial services visa card Visa card increased by 77.7% to R234m Number of accounts increased by 40% to 56 000

5. New management team Fresh thinking emerging Growth of book Customer recruitment strategy Disciplined credit-granting - balance growth with health of book Profitability Interest rate decline versus H1 2004 reduces interest net income by c. R55m Potential consolidation of various money-lending acts – positive Evaluating options to improve returns Exit unit trust financial services the way forward