Trading statement BONATLA PROPERTY HOLDINGS LIMITED (Incorporated in the Republic of South Africa (Registration number 1996/014533/06) Share code: BNT & ISIN code: ZAE000013694 ("Bonatla" or "the company") TRADING STATEMENT In terms of paragraph 3.4(b) of the JSE Limited Listings Requirements, a listed company is required to publish a trading statement as soon as it is satisfied that a reasonable degree of certainty exists that the financial results for the period to be reported upon next will differ, by at least 20%, from those of the previous corresponding period. Shareholders are advised that the loss per share from continuing operations is expected to be higher for the year ended 31 December 2013 and accordingly it is expected that the loss per share from continuing operations will increase to around (3.80) cents per share compared to (0.22) cents per share from the prior comparative period ended 31 December 2012. The loss per share from all operations for the year ended 31 December 2013 is expected to be between (4.6) cents and (4.8) cents compared to the prior year of (0.66) cents. Headline loss per share is expected to be between (2.6) cents and (2.8) cents compared to the prior year of (1.54) cents per share. This trading statement has not been reviewed or reported on by the Company’s external auditors. Johannesburg 2 June 2014 Sponsor Arcay Moela Sponsors (Pty) Ltd Date: 02/06/2014 08:45:00 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.