MAZOR GROUP LIMITED - Trading Statement

Trading Statement

Mazor Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 2007/017221/06)
Share code: MZR ISIN: ZAE000109823
(“Mazor” or “the Company”)



TRADING STATEMENT

In terms of paragraph 3.4 (b) of the Listings Requirements of the JSE Limited, shareholders are advised
that Mazor expects to release earnings per share (“EPS”) and headline earnings per share (“HEPS”) for
the year ended 28 February 2013, within the ranges shown below, in relation to the comparative period,
being, the year ended 29 February 2012:

                                              Expected ranges                      Actual

                                             28 February 2013            29 February 2012

EPS (cents per share)                            24.5 to 25.5                        4.80

HEPS (cents per share)                           13.5 to 14.5                        4.76



Trading conditions over the past year have improved with significant revenue growth across all operating
divisions, and improved margins being experienced relative to the prior comparative period. Furthermore,
as a result of the acquisition of the remaining 50% of HBS Aluminium Systems (Proprietary) Limited
(“HBS”) not previously held by Mazor, Mazor has now accounted for 100% of the earnings from HBS,
whereas in the comparative period the Company equity accounted the investment in HBS. Included in the
EPS for the period is a fair value adjustment in respect of the aforementioned step-acquisition required in
terms of IFRS 3: Business combinations, as well as a subsequent negative goodwill amount. The
negative goodwill is determined as the purchase consideration paid, plus the fair value of any
shareholding held prior to obtaining control, plus non-controlling interest and less the fair value of the
identifiable assets and liabilities of HBS. Refer to the SENS announcement of 3 September 2012 for
details of the HBS acquisition.


The Company’s audited results for the year ended 28 February 2013 will be released on or about 8 May
2013. The financial information on which this trading update is based has not been reviewed by the
Company's auditors.



Cape Town
30 April 2013
Sponsor: Bridge Capital Advisors (Pty) Limited

Date: 30/04/2013 05:05:00 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.