Trading Statement GRAND PARADE INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) (Registration Number 1997/003548/06) Share code: GPL ISIN: ZAE000119814 (“GPI” or “the Company”) TRADING STATEMENT In terms of the Listings Requirements of the JSE Limited, a listed company is required to publish a trading statement as soon as it becomes aware that the financial results for the financial period to be reported on next will vary by 20% or more from those of the previous comparable period. GPI hereby advises that a reasonable degree of certainty exists that basic earnings per share and headline earnings per share for the year ended 30 June 2014 will decrease from the comparable basic earnings per share and headline earnings per share for the previous corresponding period being 30 June 2013 by between 37% and 57% and by between 80% and 100%, respectively. Management considers adjusted headline earnings per share the most meaningful measure of performance and advises with reasonable certainty that adjusted headline earnings per share will decrease by between 16% and 36% from the previous corresponding period. The financial information on which this trading statement is based has not been reviewed and reported on by GPI’s external auditors. The financial results for the year ended 30 June 2014 are expected to be published on or about 28 August 2014. Cape Town 27 August 2014 Sponsor and corporate advisor: PSG Capital Date: 27/08/2014 07:30:00 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.