Trading Statement Accentuate Limited (Incorporated in the Republic of South Africa) (Registration number 2004/029691/06) JSE Share code: ACE ISIN: ZAE000115986 ("Accentuate" or “the Group”) TRADING STATEMENT In accordance with paragraph 3.4(b) of the Listings Requirements of the JSE Limited, shareholders are advised that the Group expects to release reviewed earnings per share and headline earnings per share for the six months ended 31 December 2012 within the ranges shown below. Group Results Expected Ranges Restated Reported Cents December December December 2012 2011 2011 Basic Earnings Per Share 5.80 – 6.20 4.21 5.01 Headline Earnings Per Share 5.80 – 6.20 6.05 6.86 Shareholders are advised that there is going to be a restatement of the figures for the comparative period in order to provide a more accurate and realistic comparison of earnings and headline earnings. The finance cost and taxation charge figures for the comparative period to 31 December 2011 were understated and have been restated. Although these adjustments are not material, cumulatively they provide a more accurate and realistic comparison of the Group’s earnings during the period under review. The net finance charge figure was understated due to duplication of some entries and the reported taxation charge incorrectly took into account the losses on the CGA business. The restated tax charge also takes into account the impact of the restated finance charge. The audited figures for the year ended 30 June 2012 were correct and are not affected by this restatement. As reported Effect of Restated 31 Dec 2011 restatement 31 Dec 2011 R 000’s R 000’s R 000’s Statement of comprehensive income - Net finance charge 784 421 1 205 - Income tax 1 921 424 2 345 Statement of financial position - Accumulated loss 27 175 845 28 020 - Trade and other payables 30 380 421 30 801 - Current tax payable 2 472 424 2 896 The financial information on which this trading statement has been based has not been reviewed or reported on by the Group’s auditors. The Group’s reviewed results for the six months ended 31 December 2012 are expected to be published on or about 28 February 2013. Johannesburg 26 February 2013 Designated Adviser: Bridge Capital Advisors (Pty) Limited Date: 26/02/2013 03:55:00 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.