Renewal of Cautionary Announcement and Trading Statement PSV Holdings Limited Incorporated in the Republic of South Africa (Registration number 1998/004365/06) Share code: PSV ISIN: ZAE000078705 (“PSV” or the Company”) RENEWAL OF CAUTIONARY ANNOUNCEMENT AND TRADING STATEMENT Renewal of cautionary announcement Further to the cautionary announcement dated 12 May 2014 and the subsequent renewal of cautionary announcement dated 24 June 2014, shareholders are advised that negotiations are still in progress which, if successfully concluded, may have a material effect on the price of the Company’s securities. Accordingly, shareholders are advised to continue exercising caution when dealing in the Company’s securities, until a further announcement is made. 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. Accordingly, a review of the financial results for the six month period ending 31 August 2014 by management has indicated that the earnings per share and the headline earnings per share are expected to be at least 20% lower compared to the earnings per share of 0.09 cents and the headline earnings per share of 2.00 cents for the six month period ended 31 August 2013. A further trading statement will be published once the Company has a greater degree of certainty with regards to its financial results for the six months ending 31 August 2014. PSV’s interim results will be 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 31 October 2014. Johannesburg 5 August 2014 Designated Adviser Merchantec Capital Date: 05/08/2014 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.