Trading Update Masonite (Africa) Limited (Incorporated in the Republic of South Africa) (Registration number 1942/015502/06) Share Code: MAS ISIN: ZAE000004289 ("Masonite" or “the company”) TRADING UPDATE As required by the JSE Limited Listing Requirements, a company is obliged to announce once it is reasonably certain that its results will differ by more than 20% from the corresponding reporting period. The company expects basic, headline, diluted basic and diluted headline earnings per share, for the period 31 December 2014, to be between 105% and 125% lower than the prior comparative period. The ranges are as follows: Basic loss per share between 68c and 81c (2013: 501c – basic earnings) Headline loss per share between 77c and 92c (2013: 500c – headline earnings) Diluted basic loss per share between 77c and 92c (2013: 500c – basic earnings) Diluted headline loss per share between 77c and 92c (2013: 500c – headline earnings) The large decrease in earnings per share when compared to those reported for the previous corresponding period is mainly due to the explosion at the Mill in Estcourt and the finalisation of the business interruption insurance claim. The abovementioned information has not beenreviewed and reported on by the company’s external auditors. Durban 15 December 2014 Sponsor Nedbank Capital Date: 15/12/2014 10:05:00 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.