RMB HOLDINGS LIMITED - Trading statement: six months ended 31 December 2013

Trading statement: six months ended 31 December 2013

RMB HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1987/005115/06)
JSE ordinary share code: RMH
ISIN: ZAE000024501
("RMH")

TRADING STATEMENT: SIX MONTHS ENDED 31 DECEMBER 2013

Paragraph 3.4(b) of the Listings Requirements of the JSE Limited
requires an issuer to publish a trading statement as soon as it
has a reasonable degree of certainty that Earnings Per Share
(“EPS”) and / or Headline Earnings Per Share (“Headline EPS”) for
the next reporting period will differ by at least 20% from that of
the previous corresponding reporting period.

RMH considers Normalised EPS, which excludes non-operational items
and accounting anomalies, as a more accurate indicator of its
underlying operational performance.

Guidance regarding RMH’s financial results for the six months
ended 31 December 2013 is as follows:

                                  As published
                                   for the six    Guidance for the
                                  months ended    six months ended
Per share (cents)                  31 Dec 2012       31 Dec 2013


EPS                                 169.5              24% to 28%
                                                        increase


Headline EPS                        174.0              20% to 24%
                                                        increase


Normalised EPS                      168.7              20% to 24%
                                                        increase

During the period, RMH’s associate FirstRand Limited adopted
certain new IFRS accounting statements. As a result, the financial
results of RMH for the six months ended 31 December 2012 will be
restated. Following the restatement, which is not expected to be
material, the guidance for the six months ended 31 December 2013
remains within the ranges set out above.

The financial information on which this trading statement is based
has not been reviewed and reported on by RMH’s external auditors.
RMH’s condensed financial results for the six months ended
31 December 2013 are expected to be released on the Stock Exchange
News Service on or about Wednesday, 5 March 2014.

Sandton
25 February 2014

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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