REUNERT LIMITED - Trading Statement

Trading Statement

REUNERT LIMITED
(Incorporated in the Republic of South Africa)
Registration Number: 1913/004355/06
ISIN: ZAE000057428
JSE Code: RLO
(“Reunert” or “the Company”)

TRADING STATEMENT

Reunert is currently finalising its results for the year ended
30 September 2012, which should be released on SENS on or about
20 November 2012. Shareholders are advised that, with a reasonable
degree of certainty:

  - earnings per share will be between 17% and 22% lower; and
  both headline earnings per share and normalised headline
  earnings per share will be between 7% and 12% higher; than the
  corresponding reporting period of the previous year.

The decrease in earnings per share is attributable to the abnormal
gain of R346,4 million realised on the sale of Reunert’s
investment in Nokia Siemens Networks South Africa in January 2011.
This transaction was excluded from the calculation of headline and
normalised headline earnings per share in the comparable period in
the prior year.

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

Sandton
8 November 2012

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

Date: 08/11/2012 09:54:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.