MURRAY & ROBERTS HOLDINGS LIMITED - Further Trading Statement for the six-month period to 31 December 2017

Further Trading Statement for the six-month period to 31 December 2017

MURRAY & ROBERTS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1948/029826/06
JSE Share Code: MUR
ADR Code: MURZY
ISIN: ZAE000073441
(“Murray & Roberts” or the “Company” or “Group”)

FURTHER TRADING STATEMENT FOR THE SIX-MONTH PERIOD TO 31 DECEMBER
2017

Stakeholders are referred to the Trading Statement and Business Update published on the
Stock Exchange News Service of the JSE Limited (“SENS”) on 2 February 2018, advising
that a further trading statement will be released on SENS as soon as there was a
reasonable degree of certainty as to the likely range by which the Company’s basic earnings
per share and headline earnings per share were expected to increase.

Accordingly, stakeholders of the Company are advised that Murray & Roberts expects the
following:

Results from continuing operations:

Improvement in financial results from continuing operations, is mainly due to a reduced loss
recorded in the Middle East (abandoned operation).

 DILUTED                                  HEPS continuing (cents)    EPS continuing (cents)
 Actual - half year to 31 December 2016              27                         29

 Range - half year to 31 December 2017       Cents          %          Cents           %
 - low                                        52           93%          52            79%
 - high                                       57          111%          57            97%



 BASIC                                    HEPS continuing (cents)    EPS continuing (cents)
 Actual - half year to 31 December 2016              28                         30

 Range - half year to 31 December 2017       Cents          %          Cents           %
 - low                                        53          89%           53            77%
 - high                                       58          107%          58            93%
Results from continuing and discontinued operations:

Improvement in financial results from continuing and discontinued operations, is mainly due
to a reduced loss recorded in the Middle East and the one-off charge relating to the
Voluntary Rebuild Programme recorded in the prior comparable six-month period, not
repeated in the six-month period to 31 December 2017.

                                                   HEPS                        EPS
 DILUTED                                        continuing &               continuing &
                                            discontinued (cents)       discontinued (cents)
 Actual - half year to 31 December 2016              (4)                       (15)

 Range - half year to 31 December 2017       Cents          %          Cents           %
 - low                                        25          >100%         24           >100%
 - high                                       30          >100%         29           >100%


                                                   HEPS                        EPS
 BASIC                                          continuing &               continuing &
                                            discontinued (cents)       discontinued (cents)
 Actual - half year to 31 December 2016              (4)                       (15)

 Range - half year to 31 December 2017       Cents          %          Cents           %
 - low                                        25          >100%         25           >100%
 - high                                       30          >100%         30           >100%

Stakeholders are advised that the financial information on which this trading statement is
based has not been reviewed and reported on by the Group’s external auditors.

DATE OF INTERIM FINANCIAL RESULTS & PRESENTATIONS

Murray & Roberts intends to publish its interim results for the six months to 31 December
2017 on Wednesday, 28 February 2018 before 17:00 (CAT) on SENS and will be hosting
an investor presentation in Johannesburg on Thursday, 01 March 2018 at 12:00 (CAT).
Further to this presentation, the Company will provide the following stakeholder services on
Thursday, 01 March 2018 at 12:00 (CAT):

   1. Presentation Live Call Access

       Interested stakeholders can contact Ed Jardim, Group Investor and Media
       Executive, for the link to pre-register for the call. Pre-registration is quick,
       convenient and gives stakeholders immediate access to the call.

       Live call pre-registration details can be requested from ed.jardim@murrob.com.

   2. Presentation Live Webcast

       A live webcast will also be available on www.murrob.com, on the ‘Interim Results’
       link on the home page.


Bedfordview
21 February 2018

Sponsor: Deutsche Securities (SA) Proprietary Limited

Date: 21/02/2018 01:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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