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 Date: 08/02/2013 12:33:00 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.