W G WEARNE LIMITED - Trading Statement

Trading Statement

W G WEARNE LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1994/005983/06)
(Share Code: WEA ISIN Code: ZAE000078002)
(“Wearne” or “the Company”)


Trading Statement

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 a reasonable degree of certainy exists that the
financial results for the period to be reported on will differ by more than 20% from the previous
corresponding period.

Shareholders are advised that Wearne is currently in the process of finalising its results for the
year ended 28 February 2014. It is anticipated, with a reasonable degree of certainty, that
Wearne will reflect a headline loss per share of between 6.00 cents and 6.10 cents (headline loss
of 6.15 cents per share for year ended 28 February 2013) and basic earnings of between 3.60
cents and 3.75 cents per share (basic loss of 5.61 cents per share for the year ended 28
February 2013).

The increase in earnings per share is mainly attributable to a reversal of impairment loss on the
Muldersdrift Quarry.

The financial information on which this trading statement is based have been reviewed by
Wearne’s auditors.

The Company’s financial results for the year ended 28 February 2014 are expected to be
released on 30 May 2014.


29 May 2014
Randburg

Designated Advisor
Exchange Sponsors

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