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SPANJAARD LIMITED - Trading Statement

Release Date: 27/09/2016 12:06:00      Code(s): SPA     
(Registration Number 1960/004393/06)
Share code: SPA ISIN: ZAE000006938
("the company")


Shareholders are advised that the Company is in the process of finalising its
results for the six months ended 31 August 2016 and is reasonably certain
that it will report earnings per share and headline earnings per share between
5 cents and 7 cents per share, compared to the loss and headline loss of
28.5 cents per share reported in respect of the six months ended 31 August

The financial information on which this trading statement is based has not
been reviewed or reported on by the company?s external auditors.

By order of the board.

27 September 2016

Arbor Capital Sponsors Proprietary Limited

Date: 27/09/2016 12:06:00 Supplied by www.sharenet.co.za                     
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