SABVEST LIMITED - Trading statement

Trading statement

SABVEST LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1987/003753/06
ISIN: ZAE000006417 – ordinary shares
ISIN: ZAE000012043 – “N” ordinary shares
Share code: SBV – ordinary shares
Share code: SVN – “N” ordinary shares
(“Sabvest”)

TRADING STATEMENT

Shareholders are advised that the results for the twelve months ended 31 December 2013 are
expected to be within 5% (up or down) of the following estimates:

                                                                   31/12/2013    31/12/2012
                                                 % Change               cents         cents

Net asset value per share                        + 27%*                 2358*          1855
Dividends per share - normal                     + 25%                     40            32
Dividends per share - special                       -                     100             -
Headline earnings per share                      + 97%                    607           308
Earnings per share                               + 97%                    607           308

* Stated after special dividends

The figures contained in this trading statement have not been reviewed and reported on by
Sabvest's external auditors. Audited results for the year ended 31 December 2013 are expected
to be released on SENS on or about the end of February 2014.


Sandton
20 February 2014

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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