Trading Update for Year Ended 28 February 2013 Afrimat Limited (Incorporated in the Republic of South Africa) (Registration number 2006/022534/06) Code: AFT ISIN: ZAE000086302 ("Afrimat" or "the Company") TRADING UPDATE FOR THE YEAR ENDED 28 FEBRUARY 2013 In terms of the JSE Listings Requirements, companies are required to publish a trading statement as soon as they are satisfied with a reasonable degree of certainty that the financial results of the period to be reported upon will differ by 20% or more from the financial results of the previous corresponding period. Afrimat is pleased to announce that its headline earnings are expected to increase by between 25% and 30% for the year ended 28 February 2013 (“the year”). Headline earnings per share ("HEPS") and earnings per share (“EPS”) for the year are expected to increase by between 20% and 25% and 7% and 12%, respectively, compared to the previous year. HEPS and EPS were impacted to an extent by dilution as a result of treasury shares utilised as part settlement for the Clinker Group acquisition. All business segments have shown satisfactory profits despite tough trading conditions in most regions of the country. This was compounded by high fuel and electricity costs and a strike in KwaZulu-Natal in the first half of the year. The group’s industrial minerals operations performed well and the formerly underperforming Readymix business segment achieved higher sales volumes in the Western Cape and benefitted from successful cost reduction initiatives. The results of the Clinker Group are included from 1 March 2012. The financial information on which this trading statement is based has not been reviewed by the Company’s auditors. The Company’s financial results will be released on or about 9 May 2013. Johannesburg 23 April 2013 Sponsor: Bridge Capital Advisors Proprietary Limited Date: 23/04/2013 04:04:00 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.