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AFRICAN OXYGEN LIMITED - Trading statement

Release Date: 18/08/2017 07:05:00      Code(s): AFX     
(Incorporated in the Republic of South Africa)
(Registration number 1927/000089/06)
JSE code: AFX
NSX code: AOX
ISIN: ZAE000067120
(?Afrox? or the ?Company?)


In terms of paragraph 3.4(b) of the JSE Limited Listings Requirements, companies are required to
publish a trading statement as soon as they are satisfied that, with a reasonable degree of certainty,
the financial results for the current reporting period will differ by at least 20% from the financial results
of the previous corresponding period.

Afrox is in the process of finalising their results for the half year ended 30 June 2017 (?Results?) and
shareholders are accordingly advised that the Company expects to report:

-   earnings per share (?EPS?) to be between 93.0 cents and 103.0 cents per share, the afore
    mentioned being 20% and 32% higher than the 77.8 cents per share for the previous
    corresponding period, respectively; and
-   headline earnings per share (?HEPS?) to be between 92.0 cents and 102.0 cents per share, the
    afore mentioned being 20% and 33% higher than the 76.5 cents per share for the previous
    corresponding period, respectively.

The increase in EPS and HEPS is largely due to an increase in volumes in most areas of the business,
improved operational efficiencies together with an increase in interest earned.

The above information has not been reviewed or reported on by the Company?s auditors. The Results
are expected to be published on or about 8 September 2017.

18 August 2017

One Capital

Date: 18/08/2017 07:05:00 Supplied by www.sharenet.co.za                     
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