Trading update BK One Limited Incorporated in the Republic of South Africa Registration Number: 2011/008103/06 Preference Share Code: BK1P ISIN: ZAE000161352 “BK One” or “the Company” Trading update In terms of the JSE Limited Listings Requirements, companies are required to publish a trading statement as soon as they are reasonably certain that the financial results for the current reporting period will be more than 20% different than that of the prior comparative period. Accordingly, shareholders are advised that the loss per preference share and headline loss per preference share for the financial year ended 28 February 2014 is expected to be between R0.99 and R0.82. This is an improvement of between R2.36 and R2.53 per share from the comparable full year results published for 28 February 2013, for which the Company reported a loss per preference share and headline loss per preference share of R3.35. The calculation of the loss per preference share and headline loss per share is based on 24 492 823 issued shares at 28 February 2014 (28 February 2013: 20 102 000 shares) and weighted average number of preference shares in issue of 22 297 437 (28 February 2013 : 20 102 000 shares). Shareholders are advised that the above trading statement has not been reviewed or reported on by the Company’s auditors and that the Company’s results for the 12 months ended 28 February 2014 are expected to be released on or about 30 May 2014. 22 May 2014 Cape Town Sponsor Nedbank Capital Date: 22/05/2014 04:50:00 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.