DAVID JONES 
By
David Jones announces that the Foreign Investment Review Board (FIRB) has notified Woolworths Holdings Limited that the Federal Government has no objection in terms of its foreign investment policy to Woolworths' proposal to acquire 100% of David Jones under the scheme of arrangement proposal announced on 9 April 2014 ("the Scheme").
Accordingly, the condition precedent in clause 3.1(c) of the Scheme Implementation Deed is now satisfied. The David Jones Board continues to unanimously recommend that David Jones shareholders vote in
favour of the Scheme at the upcoming Scheme Meeting, in the absence of a superior proposal and subject to an independent expert concluding that the Scheme is fair and reasonable and in the best interests of David Jones shareholders. Subject to those same qualifications, the Directors intend to vote all David Jones Shares respectively held or controlled by them in favour of the Scheme.
A Scheme Booklet, providing full details of the Woolworths proposal (including reasons to vote in favour or against the Scheme, an independent expert report and details on how to vote) is anticipated to be mailed to David Jones shareholders in late May 2014.
The Scheme Meeting at which shareholders can vote on the Scheme is expected to be held in late June
2014. The notice convening the Scheme meeting will be sent to shareholders with the Scheme Booklet.
Shareholders with any questions in relation to the transaction are encouraged to call the Shareholder
Information Line, details of which are contained below.
Helen Karlis
General Manager Corporate Affairs, Communications and Investor Relations David Jones Limited
02 9266 5960
0404 045 325 hkarlis@davidjones.com.au
Within Australia: 1300 580 123
Outside Australia: +61 3 9415 4339
Operational Monday to Friday from 9:00 am to 5:00pm
David Jones Limited A.C.N. 000 074 573
A.B.N. 75 000 074 573
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