PSV HOLDINGS LIMITED - Further Trading Statement

Further Trading Statement

PSV Holdings Limited
Incorporated in the Republic of South Africa
(Registration number 1998/004365/06)
Share code: PSV ISIN: ZAE000078705
("PSV")


FURTHER TRADING STATEMENT


In terms of the Listings Requirements of JSE Limited, companies are required to publish a trading statement
as soon as they become reasonably certain that the financial results for the period to be reported on will
differ by more than 20% from that of the previous corresponding period.

Further to the trading statement released on SENS on 5 August 2014, a review of the financial results for the
six months ended 31 August 2014 by management has indicated that:
  - the loss per share is expected to be between 3.97 cents and 3.99 cents, reflecting a decrease of
        between 4 512% and 4 532% compared to the earnings per share of 0.09 cents for the six months
        ended 31 August 2013; and
  - the headline loss per share is expected to be between 3.61 cents and 4.41 cents, reflecting a
        decrease of between 290% and 310%, compared to the headline earnings per share of 2.00 cents
        for the six months ended 31 August 2013.

PSV’s interim results were detrimentally affected by the liquidation of Protech Khutela Holdings Limited, the
strike in the metal industry and the delay in the awarding of a number of contracts in Africa.

The financial information on which this trading statement is based has not been reviewed or reported on by
PSV’s auditors. PSV's interim financial results are expected to be released on SENS on or about 17
November 2014.


Johannesburg
24 October 2014

Designated Adviser
Merchantec Capital

Date: 24/10/2014 02:22:00 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.