PUTPROP LIMITED - Trading Statement

Trading Statement

Putprop Limited
Incorporated in the Republic of South Africa
(Registration number 1988/001085/06)
Share code: PPR ISIN: ZAE000072310
(“Putprop”)


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 months ended 31 December 2017 by management has
indicated that:
 -   the earnings per share (“EPS”) is expected to be between 14.23 cents and 17.97 cents, reflecting a
     decrease of between 62% and 52% compared to the EPS of 37.4 cents for the six months ended
     31 December 2016; and
 -   the headline earnings per share (“HEPS”) is expected to be between 17.27 cents and 20.14 cents,
     reflecting a decrease of between 39.8% and 29.8% compared to the HEPS of 28.7 cents for the six months
     ended 31 December 2016.

The financial information on which this trading statement is based has not been reviewed or reported on by
Putprop’s auditors. Putprop's interim financial results are expected to be released on SENS on or about
12 March 2018.

Johannesburg
2 March 2018

Sponsor
Merchantec Capital

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