Trading Statement Chrometco Limited (Incorporated in the Republic of South Africa) (Registration number 2002/026265/06) Share code: CMO ISIN: ZAE000070249 ("Chrometco" or “the company”) TRADING STATEMENT In terms of the Listings Requirements of the JSE Limited relating to trading statements, a listed company is required to publish a trading statement as soon as it becomes aware that the financial results for the next period to be reported on will differ by at least 20% or more from those of the previous corresponding period. Shareholders are advised that the company expects the following results for the year ended 28 February 2013: Headline loss per share of between 5 – 6 cents per share (2012: Headline loss of 9,01 cents per share) being a change of 45% to 33%. Loss per share of between 5 – 6 cents per share (2012: Earnings of 53.24 cents per share) being a change of 109% to 111%. Net asset value per share of between 85 – 90 cents per share (2012:93,61 cents per share) being a change of 9% to 4%. The financial information on which this trading statement is based has not been reviewed or reported upon by the company’s auditors. The company’s results for the twelve month period ended 28 February 2013 are expected to be published on or about 28 May 2013. 24 May 2013 Designated Advisor Sasfin Capital A Division of Sasfin Bank Limited Date: 24/05/2013 03:52:00 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.