Change statement, release of annual report and notice of annual general meeting StratCorp Limited (Incorporated in the Republic of South Africa) (Registration number: 2000/031842/06) (Share Code: STA ISIN Code: ZAE00034294) ("StratCorp" or "the Company") CHANGE STATEMENT, RELEASE OF ANNUAL REPORT AND NOTICE OF ANNUAL GENERAL MEETING Shareholders are advised that the Annual Report, incorporating the Audited Annual Group Financial Statements of StratCorp for the year ended 28 February 2014 has been released today. Included in the Annual Report is a Notice of Annual General Meeting for shareholders of the Company, which will be held at the Company’s registered office located at 3rd Floor, Lakeside Building B, Heuwel Avenue, Centurion on Friday, 7 November 2014 at 10:00. The Record Date, being the date set by the board of directors of the Company for purposes of determining which shareholders are entitled to receive and vote at the Annual General Meeting, is Friday, 31 October 2014. The Company’s Annual Report contains some changes to the Group’s financial results for the year ended 28 February 2014 as detailed below: Reviewed Audited Change for the results twelve for the months twelve Note ended 28 months February ended 28 2014 February 2014 HEADLINE EARNINGS Headline earnings (R’000) (1) 4 728 4 691 (37) Headline earnings (cents (1) 2.83 2.81 (0.02) per share) CONSOLIDATED GROUP STATEMENT OF CASH FLOWS Figures in R’000 Cash flows from operating activities (2) Cash receipts from customers 27,662 33,116 5 454 Cash paid to suppliers and employees (25,163) (29,764) (4 601) Cash generated from/(utilised 2,499 3,352 853 in)operations Interest income 62 62 - Tax paid (15) (15) - Cash (utilised in)/generated from (1,617) (2,470) (853) discontinued operations Cash generated from operating activities 929 929 - Notes (1) The change in headline earnings was due to the re- measurement of the translation of the net investment in a foreign operation and monetary assets/ liabilities treated as part of the net investment accounted for initially in other comprehensive income (in the foreign currency translation reserve) and subsequently reclassified to profit or loss to the value of R37 038 not being reversed in the calculation of headline earnings when the reviewed results were released. (2) The changes in the cash flow from operating activities emanated from the incorrect classification of accounts to the respective line items listed above. The cash generated from operating activities however remained the same. The Company’s Annual Report is available on the Company’s website, www.stratcorp.co.za. Centurion 2 September 2014 Designated Adviser Exchange Sponsors Date: 02/09/2014 03:55:00 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.