Trading statement for the six months ended 30 September 2013 Nictus Limited Incorporated in the Republic of South Africa Registration number: 1981/001858/06 JSE share code: NCS NSX share code: NCT ISIN code: NA0009123481 (“Nictus”) Trading statement for the six months ended 30 September 2013 In terms of the Listings Requirements of the JSE Limited ("JSE"), companies 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 on will differ by 20% or more from the financial results for the previous corresponding period. Nictus shareholders are advised that for the six months ended 30 September 2013: - Earnings/(loss) per share (“EPS”) and headline earnings/(loss) per share (“HEPS”) from operations, are expected to be a profit of between 1.73 and 2.11 cents per share which is higher than the previous corresponding period’s EPS and HEPS of (7.57) cents per share from continuing operations. Operations for the comparative period, for purposes of determining EPS and HEPS, constituted continuing operations which were calculated as follows: - the South African furniture segment and the South African insurance segment were included; and - the unbundled Namibian furniture retail business, Namibian motor retail business and the Namibia insurance and finance business were excluded. The financial information on which this trading statement is based has not been reviewed or reported on by Nictus’ independent auditors. Randburg 12 November 2013 Sponsor on the JSE Sponsor on the NSX KPMG Services (Pty) Limited Simonis Storm Securities (Pty) Ltd (Member of the NSX) Date: 12/11/2013 11:00:00 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.