Trading Statement and Voluntary Announcement Curro Holdings Limited Incorporated in the Republic of South Africa (Registration number: 1998/025801/06) JSE Share Code: COH ISIN: ZAE000156253 (“Curro” or “the Company”) TRADING STATEMENT AND VOLUNTARY ANNOUNCEMENT TRADING STATEMENT In terms of the Listings Requirements of the JSE Limited, a listed company is required to publish a trading statement as soon as it becomes aware that the financial results for the financial period to be reported on next will vary by 20% or more from those of the previous comparable period. Accordingly, shareholders are hereby advised that a reasonable degree of certainty exists that the Company’s headline earnings per share for the year ended 31 December 2014 will be between 17,0 cents to 18,3 cents per share compared to the 12,8 cents reported in the prior year, being an increase of between 33% and 43%. Shareholders are further advised that it is expected that the Company’s basic earnings per share for the year ended 31 December 2014 will be between 16,8 cents to 18,1 cents per share compared to the 12,9 cents reported in the prior year, being an increase of between 30% and 40%. The financial information on which this trading statement is based has not been reviewed and reported on by Curro’s auditor. The financial results for the year ended 31 December 2014 are expected to be published on or about 17 February 2015. VOLUNTARY ANNOUNCMENT As at the previous reporting announcement on 5 August 2014 Curro had 28 899 learners across 32 campuses. Curro now has 42 campuses with 36 012 learners. By order of the Board Durbanville 6 February 2015 Sponsor PSG Capital Date: 06/02/2015 02:00:00 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.