Trading Statement GOODERSON LEISURE CORPORATION LIMITED (Incorporated in the Republic of South Africa) (Registration number 1972/004241/06) (JSE code: GDN ISIN: ZAE000084984) (“Gooderson” or “the company”) Trading Statement In terms of the Listings Requirements of the JSE Limited, companies are required to publish a trading statement as soon as they are satisfied that a reasonable degree of certainty exists that the financial results for the period to be reported on will differ by 20% or more from the financial results for the previous corresponding period. Shareholders are advised that Gooderson is currently finalizing its interim results for the six months ended 31 August 2014. Earnings per share are expected to be between 0.64 and 0.72 cents or between 46.67% and 40% lower when compared to 1.20 cents for the six months ended 31 August 2013. Headline earnings per share is expected to be between 0.64 and 0.72 cents or between 46.67% and 40% lower when compared to 1.18 cents for the six months ended 31 August 2013. The decrease in earnings per share compared to the previous corresponding period was due to the refurbishment and upgrade of two of our properties namely Fabz Garden Hotel and Conference Centre and Monks Cowl Golf Resort as stated in the 2014 integrated annual report. Management remains cautiously optimistic of an improvement in earnings in the second half of the financial year compared to last year and the group is well positioned to accelerate growth particularly with the refurb and upgrade being completed to some of the properties and the construction of 24 new rooms (16 Hotel Rooms + 8 Self Catering Rooms) which will be ready for occupation and trading by December 2014 as well as a new swimming pool and 18 hole putt putt golf course at Monks Cowl Golf Resort. The financial information on which this trading statement is based has not been reviewed or reported on by Gooderson’s auditors and it is anticipated that the results will be released on SENS on or about 24 October 2014. 9 October 2014 Johannesburg Designated Advisor Exchange Sponsors Date: 10/10/2014 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.