Trading Statement and Renewal of Cautionary Erbacon Investment Holdings Limited Incorporated in the Republic of South Africa (Registration number: 2007/014490/06) Share code: ERB ISIN: ZAE000111571 (“Erbacon” or “the Company” “the Group”) TRADING STATEMENT AND RENEWAL OF CAUTIONARY TRADING STATEMENT In terms of section 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 reasonably certain that the financial results for the period to be reported on will differ by more than 20% from those of the prior corresponding period. The board accordingly advises that the Group expects a basic loss per share of between 67 cents per share and 49 cents per share, and a headline loss per share of between 38 cents per share and 24 cents per share, respectively for the financial year ended 28 February 2013 compared to a basic and headline loss per share of 92 cents per share and 71 cents per share respectively for the prior corresponding period. The audited condensed results for the year ended 28 February 2013 will be announced by no later than 31 May 2013. The above information has not been reviewed or reported on by the Group’s auditors. RENEWAL OF CAUTIONARY Shareholders are further referred to the announcement dated 28 March 2013 in respect of the conclusion of a Loan and Rights Offer Agreement. The Company is still in discussions regarding the perusal of the rights offer and shareholders are accordingly advised to remain cautious when dealing in the securities of the Company. 26 April, 2013 Midrand Designated adviser: PSG Capital (Pty) Limited Date: 26/04/2013 05:03:00 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.