Trading Update Gooderson Leisure Corporation Limited (Incorporated in the Republic of South Africa) (Registration number 1972/004241/06) JSE Share code: GDN ISIN: ZAE000084984 ("Gooderson" or the “Company”) Trading Update In terms of paragraph 3.4 (b) of the JSE Limited (“JSE”) Listings Requirements, companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the period to be reported on will differ by more than 20% from the previous corresponding period. Accordingly, a review of the financial results for the year ending 28 February 2014 by management has indicated that headline earnings per share (“HEPS”) is expected to increase by more than 25% when compared to the previous reporting period. The expected earnings per share (“EPS”) is expected to decrease by more than 50% due to the profit realized on the sale of the Beach Hotel in July 2012 of R15.79 million when compared to the previous corresponding period. A further trading statement will be published on 22 May 2014 once the company has more certainty with regards to its financial results for the year ending 28 February 2014. The financial information on which this trading statement is based has not been reviewed or reported on by Gooderson`s auditors. The Company’s financial results for the period ended 28 February 2014 are expected to be released at the end of May 2014. 12 May 2014 Durban Designated adviser Exchange Sponsors Date: 12/05/2014 02:10:00 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.