NICTUS BEPERK - Trading statement for the six months ended 30 September 2013

Trading statement for the six months ended 30 September 2013

 Nictus Limited
 Incorporated in the Republic of South Africa
 Registration number: 1981/001858/06
 JSE share code: NCS
 NSX share code: NCT
 ISIN code: NA0009123481
 (“Nictus”)



                  Trading statement for the six months ended 30 September 2013

In terms of the Listings Requirements of the JSE Limited ("JSE"), companies are required to
publish a trading statement as soon as they are satisfied that a reasonable degree of certainty
exists that the financial results for the period to be reported on will differ by 20% or more from the
financial results for the previous corresponding period.

Nictus shareholders are advised that for the six months ended 30 September 2013:

-   Earnings/(loss) per share (“EPS”) and headline earnings/(loss) per share (“HEPS”) from
    operations, are expected to be a profit of between 1.73 and 2.11 cents per share which is
    higher than the previous corresponding period’s EPS and HEPS of (7.57) cents per share
    from continuing operations.

    Operations for the comparative period, for purposes of determining EPS and HEPS,
    constituted continuing operations which were calculated as follows:

    -   the South African furniture segment and the South African insurance segment were
        included; and

    -   the unbundled Namibian furniture retail business, Namibian motor retail business
        and the Namibia insurance and finance business were excluded.

The financial information on which this trading statement is based has not been reviewed or reported
on by Nictus’ independent auditors.

Randburg

12 November 2013

Sponsor on the JSE                                   Sponsor on the NSX
KPMG Services (Pty) Limited                          Simonis Storm Securities (Pty) Ltd
                                                     (Member of the NSX)

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