annual report
2007

interest in subsidiary companies
for the year ended 31 March 2007


                   
        2007     2006    
  Nature     Carrying value     Carrying value    
  of     of subsidiaries %   of subsidiaries %  
  business     Rm Holding   Rm Holding  
Directly held                  
Lewis Stores (Pty) Ltd F     2 800.0 100%   2 800.0 100%  
Indirectly held                  
Incorporated in South Africa                  
Kingtimm (Pty) Ltd L       100%     100%  
Lifestyle Living (Pty) Ltd F       100%     100%  
M Lewis Estates (Kenilworth) (Pty) Ltd D             100%  
Monarch Insurance Co. Ltd I       100%     100%  
                   
Incorporated in Botswana                  
Lewis Stores (Botswana) (Pty) Ltd F       100%     100%  
Lewis Management Services (Botswana) (Pty) Ltd M       100%     100%  
                   
Incorporated in Swaziland                  
Lewis Stores (Swaziland) (Pty) Ltd F       100%     100%  
                   
Incorporated in Namibia                  
Lewis Stores (Namibia) (Pty) Ltd F       100%     100%  
Lewis Management Services Namibia (Pty) Ltd M       100%     100%  
Incorporated in Lesotho                  
Lewis Stores (Lesotho) (Pty) Ltd        100%     100%  
Cost of subsidiaries       2 800.0     2 800.0    
Amounts due by subsidiaries                  
Lewis Stores (Pty) Ltd       4.9     1.4    
Interest in subsidiaries       2 804.9     2 801.4    
F Furniture dealer
I Insurance company
M Management services company
L Company holding property leases
D Company deregistered in 2007