GIJIMA GROUP LIMITED - Trading Statement

Trading Statement

Gijima Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/021790/06)
Share code: GIJ
ISIN: ZAE000147443
("Gijima" or "the Company")

TRADING STATEMENT

Gijima is currently finalising its results for the year ended 30
June 2014, which are expected to be released on SENS on 30
September 2014. The late release of this trading statement is due
to the fact that the necessary agreements to re-capitalise the
business were only concluded on 29 September 2014. These deals,
now having been concluded, will be announced tomorrow morning, 30
September 2014.

In this regard, shareholders are advised that the earnings loss
per share ("EPS") and headline earnings loss per share ("HEPS")are
both expected to decrease to between 76 cents and 80 cents from
the restated EPS of 578,23 cents (28,91 cents previously reported)
and restated HEPS of 497,60 cents (24,88 cents previously reported)
from continuing operations the previous year and restated EPS of 
416,38 cents (20,82 cents previously reported) and restated
HEPS of 516,28 cents (25,82 cents previously reported) from
consolidated operations the previous year. This is largely
attributable to an increase in the weighted average number of
ordinary shares for the year ended 30 June 2014.

The previous year EPS and HEPS from both consolidated -and
continuing operations are restated after adjusting for the impact
of a share consolidation of the Company’s shares on a 1 for 20
basis on 15 July 2013.

The financial information on which this trading statement is based
has not been reviewed and reported on by the Company’s auditors.

Samrand
29 September 2014

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 29/09/2014 05:40:00 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.