MORVEST BUSINESS GROUP LIMITED - Trading statement

Trading statement

Morvest Business Group Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2003/012583/06)
Share code: MOR    ISIN code:   ZAE000152567
(“Morvest” or “the company”)

TRADING UPDATE

Morvest shareholders are advised that for the 6 month period ended 30
November 2012 the company expects:

-   earnings per share to be between (0.5) cents and (1.0) cents per
    share down from 4.87 cents in comparison to the prior period;

-   diluted earnings per share to be between (0.5) cents and (1.0)
    cents per share down from 3.87 cents in comparison to the prior
    period;

-   net tangible asset value per share increased to between 5 cents
    and 6 cents from 3.71 in comparison to the prior period;

The financial results on which this trading update has been based have
not been reviewed or reported on by the company’s auditors.

This trading update is required in terms of the JSE Limited’s Listings
Requirements.

The financial results of the company will be published on SENS and in
the press on or about 20 February 2013.

6 February 2013

Sponsor
Sasfin Capital
(A division of Sasfin Bank Limited)

Date: 06/02/2013 12:42:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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