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 Johannesburg Stock Exchange (“JSE”) 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 earnings per share for the period ended 30 June 2014 is expected to move from an earnings position to a loss position and accordingly the loss per share from all operations for the period ended 30 June 2014 is expected to be between (0.54) and (0.66) cents per share compared to 0.04 cents per share in the prior period. Headline earnings is also expected to move from an earnings position to a loss position, and accordingly the headline earnings per share is expected to be between (0.54) and (0.66) cents per share compared to 0.26 cents in the prior comparative period This trading statement has not been reviewed or reported on by the Company’s external auditors. Johannesburg 30 September 2014 Sponsor Arcay Moela Sponsor (Pty) Ltd Date: 30/09/2014 02:23:00 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.