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Spanjaard Limited - Trading Statement

Release Date: 31/05/2016 17:12:00      Code(s): SPA     
SPANJAARD LIMITED
(Registration Number 1960/004393/06)
Share code: SPA ISIN: ZAE000006938

("the company")


TRADING STATEMENT


Shareholders are advised that:

   -   headline earnings per share for the year ended 29 February 2016 is
       62,10 cents, compared to the restated headline loss per share of 26,50
       cents reported for the financial year ended 28 February 2015,and

   -   earnings per share for the year ended 29 February 2016 is 61,50
       cents, compared to the restated loss per share of 26,50 cents reported
       for the financial year ended 28 February 2015.

The trading statement has been released together with the condensed
audited financial statements for the year ended 29 February 2016 in order to
make comparisons with the previous years? restated results possible and to
avoid confusion.


By order of the board.

Johannesburg
31 May 2016

Sponsors
Arbor Capital Sponsors Proprietary Limited

Date: 31/05/2016 05:12:00 Supplied by www.sharenet.co.za                     
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