BARLOWORLD LIMITED - Trading Statement

Trading Statement

Barloworld Limited
(Incorporated in the Republic of South Africa)
(Registration number 1918/000095/06)
(Share code: BAW)
(JSE ISIN: ZAE000026639)
(Share code: BAWP)
(JSE ISIN: ZAE000026647)
(Bond issuer code: BIBAW)
("Barloworld” or “the Company")


TRADING STATEMENT

The group delivered excellent trading results in the second half resulting in a very strong performance
for the year to 30 September 2013. Headline earnings per share (HEPS) are expected to be 20% to
30% higher than the 680 cents reported in financial year 2012.

Revenue and operating profit in Equipment southern Africa was ahead of the prior year boosted by
the newly acquired EMPR (Bucyrus) distribution business. Russia delivered a solid result in line with
expectation. In Iberia, the difficult trading conditions continued but the operating loss was substantially
reduced. The EMPR acquisition was earnings accretive for the group this year. The Congo Equipment
joint venture in the DRC continued to perform well.

The Automotive and Logistics division has continued to perform well with motor retail, car rental, fleet
services and logistics all producing results well ahead of the prior year. We have disposed of the
Ferntree Gully motor dealership in Australia, effective 31 October 2013.

Basic earnings per share are expected to be 3% to 13% higher than the 740 cents reported in
financial year 2012. Earnings were boosted last year by exceptional gains on the sale of Handling US
and UK compared to certain exceptional losses provided in the current period on pending asset
disposals.

Cash generation was strong and working capital and gearing levels reduced significantly in the
second half exceeding expectation. During the second half, a term loan of R700 million scheduled to
mature at the end of this calendar year was extended for a period of six years as part of our focus on
improving our long term debt maturity profile.

Barloworld Limited expects to announce its results for the 12 months to 30 September 2013 on the
  th
18 November 2013.

This financial information has not been reviewed or reported on by Barloworld’s auditors.

Sandton
06 November 2013

Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd

Date: 06/11/2013 04:00:00 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.