DISTRIB. AND WAREHOUSING NETWORK LD - Trading Statement

Trading Statement

Distribution and Warehousing Network Limited
(Incorporated in the Republic of South Africa)
(Registration number 1984/008265/06)
Share code: DAW & ISIN code: ZAE000018834
(“DAWN” or “the Group”)

Trading Statement

In compliance with section 3.4(b) of the JSE Listings Requirements, 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 be more than 20% different from that of the
previous corresponding period.

DAWN shareholders are advised that, for the six months period ended 31 December 2012,
the Group expects:
    - Headline earnings per share (“HEPS”) to increase by between 73%-93%, a range of
       35,0 cents per share to 39,0 cents per share, compared to HEPS of 20,2 cents per
       share for the previous corresponding six months period; and
    - Earnings per share (“EPS”) to increase by between 72%-92%, a range of 35,0 cents
       per share and 39,0 cents per share, compared to the EPS of 20,3 cents per share in
       the previous corresponding six months period.

The increase in EPS is attributable to the improved results across all segments of the Group.

The financial information on which this trading statement is based has not been reviewed or
reported on by DAWN’s auditors. The Group`s results will be released on SENS on or about
14 March 2013.

Johannesburg
8 February 2013
Sponsor
Deloitte & Touche Sponsor Services Proprietary Limited

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