Trading Statement BONATLA PROPERTY HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1996/014533/06) Share code: BNT ISIN code: ZAE000013694 (“Bonatla” or “the company”) TRADING STATEMENT In terms of paragraph 3.4(b)(i) of the JSE Listings Requirements, listed companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the next period to be reported on will be more than 20% different from those of the previous corresponding period or from a profit forecast previously provided to the market in relation to such period. Shareholders are accordingly advised that: 1. the loss per share and the fully diluted loss per share for the year ended 31 December 2012 is expected to approximate (0.69) cents per share compared to earnings and fully diluted earnings of 2.3 cents per share and 1.75 cents per share respectively for the prior year ended 31 December 2011; and 2. the headline loss and diluted headline loss per share for the year ended 31 December 2012 is expected to approximate (1.54) cents per share compared to headline earnings and diluted headline earnings of 0.06 cents per share and 0.05 cents per share respectively for the year ended 31 December 2011. The decline in earnings is due to discontinued operations and a number of once off costs during the year ended 31 December 2012, details of which will be included in the reviewed preliminary report for the year ended 31 December 2012 and which is expected to be made available to shareholders on or about 30 April 2013. The financial information on which this trading statement is based has not been reviewed or reported on by the company’s auditors. Johannesburg 29 April 2013 Sponsor Arcay Moela Sponsors (Proprietary) Limited Date: 29/04/2013 04:35:00 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.