ALEXANDER FORBES PREF SHARE INV LTD - Trading statement

Trading statement

Alexander Forbes Preference Share Investments Limited
(Incorporated in the Republic of South Africa)
Registration number 2006/031561/06
Share code: AFP & ISIN number: ZAE000098067
(“AF Pref” or “the Company”)

TRADING STATEMENT

AF Pref is currently finalising its results for the year ended 31 March 2013, which are expected to be
released on SENS during next week. In this regard, shareholders are advised that when compared to
the previous financial year, the expected basic earnings per linked unit in issue will be 8 - 12% higher
and headline earnings per linked unit will be 20 - 25% higher. This increase in earnings per unit is
despite the fact that the equity accounted loss resulting from AF Pref’s holding in Alexander Forbes
Equity Holdings Proprietary Limited will be higher than the previous year due to losses reported
from discontinued operations for the year.

The financial information on which this trading statement is based has not yet been reviewed and
reported on by the Company’s external auditors.

Johannesburg
14 June 2013

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 14/06/2013 03:03:00 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.