Trading Statement ROLFES HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 2000/002715/06) Share Code: RLF & ISIN: ZAE000159836 ("Rolfes" or "the Company") TRADING STATEMENT In compliance with section 3.4(b) of the JSE Listings Requirements, the following trading statement is provided to the market regarding the anticipated headline earnings per share ("HEPS") and earnings per share ("EPS") for the year ended 30 June 2014. Shareholders are hereby advised that during the year under review, the Company is reasonably certain that its consolidated results for the year ended 30 June 2014, in comparison to the results for the year ended 30 June 2013, will reflect a decrease in HEPS of between 5% and 10%(2013: 39.2 cents per share)due to actual trading performance being relatively flat in comparison to the previous financial year and a decrease in EPS of between 43% and 48% (2013: 50.3 cents per share) respectively. The decrease in EPS is mainly due to accounting for the discontinued operations of the resins business during the current year under review and the once-off profit on sale of the Jet Park property during the prior year ending 30 June 2013. The information in this trading statement has not been reviewed or reported on by the Company’s auditors. The Company’s audited financial results for the year ended 30 June 2014 is expected to be published on SENS by close of business on 18 September 2014. Johannesburg 3 September 2014 Sponsor: Grindrod Bank Limited Date: 03/09/2014 07:05:00 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.