KELLY GROUP LIMITED - Updated trading statement for the year ended 30 September 2013

Updated trading statement for the year ended 30 September 2013

KELLY GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1999/026249/06)
ISIN: ZAE000093373
Share Code: KEL
(“the Group” or “the Company” or “Kelly Group”)

UPDATED TRADING STATEMENT FOR THE YEAR ENDED 30 SEPTEMBER 2013

Shareholders are referred to the trading statement published on SENS on 2 September 2013 in
which Kelly Group advised shareholders that the Group expects an improvement of more than
20% in both basic and headline earnings for the full year compared to the basic and headline
losses of the previous year.

During the second half of the year, Kelly Group concluded the sale of their USA-based
subsidiaries and recognised a profit on the sale. Goodwill and trademarks associated with the
rebranding of Kelly Professional Assignments as well as certain capitalised software items were
impaired during the period.

An updated trading statement is now being issued and the results per share are reasonably
expected to be:

    -   Basic earnings of between 36 cents and 40 cents per share compared to a 27.5 cents
        loss per share in 2012; and

    -   Headline earnings of between 7 cents and 11 cents per share compared to a 25.9 cents
        loss per share in 2012


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

The financial results and commentary for the year ended 30 September 2013 will be released
on SENS on or about 27 November 2013.


Sandton
15 November 2013

Sponsor
PSG Capital

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