Trading Statement NETCARE LIMITED (Registration number 1996/008242/06) Code: NTC ISIN number: ZAE000011953 ("Netcare" or "the company") TRADING STATEMENT In terms of rule 3.4 (b) of the JSE Listings Requirements, companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the period to be reported upon next will differ by at least 20% from that of the previous corresponding period. Netcare is in the process of finalising its unaudited results for the six months ended 31 March 2013, which are expected to be released on SENS on or about 20 May 2013. Shareholders will recall the decision by the Board of Netcare during November 2012 which was disclosed in the announcement of Netcare’s results for the financial year 2012, that pursuant to evaluating the overall factors of control, including a decision to sell down Netcare’s interests in GHG PropCo 1 to 50.0%, it was deemed appropriate for Netcare to deconsolidate the GHG Property Businesses from 16 November 2012. A non-cash profit on the loss of control of the GHG Property Businesses has therefore been recognised in the unaudited results for the six months ended 31 March 2013. In accordance with accounting standards, the profit on loss of control of the GHG Property Businesses is included in the calculation of earnings per share (“EPS”), but is excluded from headline earnings per share (“HEPS”). Shareholders are advised that in respect of the six months ended 31 March 2013, Netcare’s EPS is expected to be between 475% and 495% higher than the prior year comparative period, whilst HEPS is expected to increase by between 20% and 25%. The above information has not been reviewed or reported on by Netcare’s auditors. Johannesburg 16 May 2013 Sponsor Nedbank Capital Date: 16/05/2013 12:45:00 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.