TISO BLACKSTAR GROUP SE - Trading statement

Trading statement

Tiso Blackstar Group SE
(Incorporated in England and Wales)
(Company number SE 000110)
(Registered as an external company with limited liability in the Republic of South Africa under
registration number 2011/008274/10)
LSE Ticker: TBGR
JSE Share code: TBG
ISIN: GB00BF37LF46
(“Tiso Blackstar” or the “Group”)

TRADING STATEMENT

In terms of the JSE Limited Listings Requirements, issuers are required to publish a trading statement
as soon as they are satisfied that a reasonable degree of certainty exists that the financial results for
the period to be reported on will differ positively by at least 20% from those of the prior comparative
period.

Shareholders are therefore advised that Tiso Blackstar is expecting to report the following for the six
month period ended 31 December 2017 (“Results”):

     •     basic earnings per share (“EPS”) and diluted EPS of between 17.84 cents and 21.34 cents,
           compared to 17.50 cents for the prior comparative period, which is an increase of between
           1.9% and 21.9%;
     •     basic and diluted EPS from continuing operations of between 17.88 cents and 20.47 cents
           compared to 12.95 cents for the prior comparative period, which is an increase of between
           38.1% and 58.1%; and
     •     basic and diluted headline earnings per share of between 19.96 cents and 20.57 cents,
           which represents an increase compared to the 3.05 cents of the prior comparative period.

The Group’s core businesses, Media and related operations, performed exceptionally well under tough
trading conditions, delivering a mix of sustainable new revenue streams and tight cost management.
The core businesses delivered combined growth in earnings and revenue and are well placed to benefit
from the improving economic climate.

Shareholders 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. The Results are expected to be
released on SENS on or about 28 March 2018.

London

14 March 2018
For further information, please contact:

Tiso Blackstar Group SE                   Leanna Isaac     +44 (0) 20 7887 6017
Northland Capital Partners Limited        Tom Price        +44 (0) 20 3861 6625
JSE Sponsor: One Capital                  Sholto Simpson   +27 (0) 11 550 5000

Date: 14/03/2018 05:00:00 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.