INSIMBI REFRACTORY & ALLOY SUP LTD - Voluntary Trading Statement

Voluntary Trading Statement

Insimbi Refractory and Alloy Supplies Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2002/029821/06)
Share code: ISB ISIN: ZAE000116828
(“Insimbi” or “the Company”)


VOLUNTARY TRADING STATEMENT


Insimbi expects to release its full interim results by no later than 8th November 2013.

The group expects to report a net profit before tax from continuing operations of R15.797 million versus
R15.698 million for the corresponding period last year. Net profit after tax is expected to be R11.740 million
versus R11.484 million for the corresponding period last year.

We expect EPS from continuing operations to be 4.71 cps compared to 4.52 cps and HEPS to be 4.48 cps
compared to 4.72 cps, for the corresponding period last year.

The improvement in EPS from continuing operations can be attributed to

    •   improved trading conditions locally and globally, in all of our target marketing segments, assisted by
        the weaker currency;
    •   better margins across the board;
    •   optimisation of the production volume and cost recoveries at both secondary aluminium smelters in
        Cape Town and Johannesburg. We are especially pleased with the performance of the
        Johannesburg plant since recommissioning in June this year;
    •   strong cash flows and strict control on costs; and
    •   closure of loss making operations

The financial information on which this trading statement is based has not been reviewed and reported on by
the Company’s auditors.

Johannesburg
30 October 2013
Sponsor: Bridge Capital Advisors (Pty) Limited

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