Trading Statement METAIR INVESTMENTS LIMITED Reg No. 1948/031013/06 (Incorporated in the Republic of South Africa) Share code: MTA ISIN code: ZAE 000090692 (“Metair” or “the Group”) TRADING STATEMENT In terms of the JSE Limited Listings Requirements (“Listings Requirements”), issuers are required to publish a trading statement as soon as they are reasonably certain that the financial results for the current reporting period will differ by more than 20% from those of the previous corresponding period. Accordingly, Metair hereby advises that it expects the Group’s headline earnings and earnings per share for the financial year ending 31 December 2013 to be at least 20% lower than those reported for the previous corresponding period ended 31 December 2012. The decrease in earnings is primarily attributable to the negative effects of the 8 week industry wide strike and the transaction costs incurred during the Mutlu acquisition. The forecast earnings do not take into account any earnings attributable to the Mutlu Group. Further detailed guidance regarding the results for the year ending 31 December 2013 will be published once the Group obtains additional certainty in this regard. It is anticipated that the Group’s results will be published towards the end of March 2014. The information contained in this trading statement has not been reviewed or reported on by the Group’s auditors. By order of the Board. Johannesburg 21 November 2013 Sponsor: One Capital Date: 21/11/2013 01:34:00 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.