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SUPER GROUP LIMITED - Trading Statement

Release Date: 23/07/2013 15:07
Code(s): SPG     PDF:  
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Trading Statement

Super Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1943/016107/06)
Share code: SPG
ISIN: ZAE000161832
(“Super Group” or “the Group”)

Trading statement

Super Group is scheduled to release its financial results for the year ended
30 June 2013 on the 20th August 2013. In terms of the JSE Limited Listings
Requirements, issuers are required to publish a trading statement as soon as
they are satisfied that a reasonable degree of certainty exists that the
financial results for the period to be reported upon next will differ by at
least 20% from those of the prior comparative period.

Despite the difficult economic and trading environment, Super Group has
achieved good growth and new business generation within a number of its
operating sectors. The firming in sales volumes experienced during the first
six months ended December 2012 was maintained to June 2013. This improvement
in sales, the continued focus on cost control, the impact of acquisitions
made during the year and savings in net finance costs resulted in an
excellent increase in earnings for the financial year ended 30 June 2013.

Shareholders are advised that Super Group is expecting to report a
consolidated net profit after taxation for the year ended 30 June 2013 of
between R805,0 million and R860,0 million, resulting in earnings per share
(“EPS”) of between 220,0 cents and 235,0 cents, and headline earnings per
share (“HEPS”) of between 205,0 cents and 220,0 cents. The Adjusted HEPS,
which is calculated after adding back the impact of the Group’s BBBEE
transaction expenses, acquisition expenses and amortisation of intangibles
arising from acquisitions, is expected to be between 215,0 cents and 230,0
cents. This compares with a consolidated net profit after taxation of R594,9
million which equated to an EPS of 172,4 cents, HEPS of 179,4 cents and
Adjusted HEPS of 180,9 cents for year ended 30 June 2012.


                                    30 June 2013               30 June 2012
                               Expected Low   Expected High       Actual
                                   Range           Range
EPS                             220,0 cents     235,0 cents    172,4 cents
HEPS                            205,0 cents     220,0 cents    179,4 cents
Adjusted HEPS                   215,0 cents     230,0 cents    180,9 cents
Weighted number of shares     289,3 million    289,3 million   299,0 million

The financial information on which this trading statement is based has not
been reviewed or reported on by Super Group’s external auditors.

Sandton
23 July 2013

Sponsor to Super Group: Deutsche Securities (SA) Proprietary Limited

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