ANCHOR GROUP LIMITED - Further Trading Statement for the year ended 31 December 2015

Further Trading Statement for the year ended 31 December 2015

ANCHOR GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2009/005413/06)
(“Anchor” or “the Company”)
ISIN Code: ZAE000193389           JSE Code: ACG

FURTHER TRADING STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2015

In terms of the JSE Listings Requirements, companies 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 will differ
by at least 20% from the financial results for the previous corresponding period
or a profit forecast previously provided to the market in relation to such
period.

Trading performance in the last quarter has exceeded expectations and it is
now expected that the Earnings, Headline Earnings, and Adjusted Headline
Earnings per share of between 54 cents and 56 cents per share will be
achieved, based on 148.9 million weighted average shares in issue.

The trading statement issued on 3 December 2015 in terms of the JSE listing
requirements, Anchor gave guidance that the Earnings, Headline Earnings,
and Adjusted Headline Earnings per share for 2015 were expected to be
between 43.1 cents per share and 52.7 cents per share.

Comparison against prior year:

                                                 Current       Prior
                                                    Year        Year
                                                    2015        2014        % change
Earnings per share                         54.0c – 56.0c        32.0         69 – 76
Headline Earnings per share                54.0c – 56.0c        28.3         91 - 99
Adjusted Headline earnings per share       54.0c – 56.0c        30.1         79 - 86
Weighted average number of shares in               148.9        75.9
issue

Comparison against the profit forecast per Prospectus (2 September 2014):

                                                 Current      Profit
                                                    Year    Forecast
                                                    2015        2015        % change
Earnings per share                         54.0c – 56.0c        27.7        95 - 103
Headline Earnings per share                54.0c – 56.0c        27.7        95 - 103
Adjusted Headline earnings per share       54.0c – 56.0c        27.7        95 - 103
Weighted average number of shares in               148.9        92.6
issue

Anchor’s results for the year ended 31 December 2015 will be released on or
about 17 March 2015. The financial information on which this trading
statement is based has not been reviewed or reported on by the Company’s
auditors.

Johannesburg
29 February 2016

Designated Advisor
Arbor Capital Sponsors Proprietary Limited

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