TREMATON CAPITAL INVESTMENTS LIMITED - Trading Statement

Trading Statement

Trematon Capital Investments Limited
(Incorporated in the Republic of South Africa)
Registration number 1997/008691/06
Share code: TMT
ISIN: ZAE000013991
("Trematon" or "the Company")

TRADING STATEMENT

Shareholders are advised that Trematon’s earnings per share
for the 6-month period ended 28 February 2017 will increase
by approximately 421% and headline earnings per share will
increase by approximately 179% from the previous comparable
interim period ended 29 February 2016 (“previous interim
period”). The earnings are expected to be approximately
46.4 cents per share and headline earnings approximately
1.8 cents per share, compared to earnings of 8.9 cents per
share and a headline loss of 2.3 cents per share for the
previous interim period.
The increase in earnings compared to the previous interim
period is mainly a result of the disposal of the Company’s
interest in the Mykonos Casino as announced on SENS on 14
November 2016.
The   net    asset value   is   expected   to   increase  by
approximately 24% to 299 cents per share from 241 cents per
share at the previous interim period. The increase in net
asset value is mainly due to the sale of the Mykonos Casino
that was previously equity accounted and was therefore
carried at a value lower than the cash received from the
sale.     The intrinsic net asset value is expected to
decrease by approximately 2% to 361 cents per share from
367 cents per share at the previous interim period.      The
reason for the decrease is mainly due to changes in the
directors valuation of certain property assets.

The financial information in this trading statement has not
been reviewed and reported on by the auditors of the
Company.   Trematon’s interim results will be published on
or about 20 April 2017.



Cape Town
11 April 2017
Sponsor
Sasfin Capital
A division of Sasfin Bank Limited

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