Trading statement DIGICORE HOLDINGS LIMITED Incorporated in the Republic of South Africa (Registration number: 1998/012601/06) Share Code: DGC ISIN Number: ZAE000016945 ("DigiCore" or the company) TRADING STATEMENT In terms of paragraph 3.4(b) of the Listings Requirements of the JSE Limited, a listed company is required to publish a trading statement as soon as it becomes aware that the financial results for the next period to be reported on will show a 20% or more difference from those of the previous corresponding period. Shareholders are advised that the company is in the process of finalising its interim financial results for the six months ended 31 December 2012 and advises that a reasonable degree of certainty exists that our headline earnings will be between 4.1 cents and 4.9 cents per share or between 51% to 59% lower and attributable earnings will be between 4.5 cents and 5.3 cents per share or between 47% to 55% lower than that for the comparative six month period ended 31 December 2011. This is as a result of a host of factors, including: - reduced gross margins on sale of units to our major partners, - the Cell Incentive Bonus coming to an end, - an increase in operating expenses during the period under review, - an increase in depreciation and amortization charges, - an increase in financing charges to assist in the funding of the rental units. On a positive note, we were able to increase our turnover, systems shipped and installed base, further entrenching the future annuity revenue streams. All these factors will have a positive benefit to the business in future years. We are also streamlining our operations and closing down loss making entities, thus consolidating our operations. The financial information on which this trading statement is based has not been reviewed or reported on by the company`s auditors. The interim results for the six months ended 31 December 2012 are expected to be released on or about Wednesday, 27 February 2013. 21 February 2013 Sponsor PSG Capital Date: 21/02/2013 04:15:00 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.