INTERWASTE HOLDINGS LIMITED - Trading Update

Trading Update

Interwaste Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2006/037223/06)
JSE code: IWE
ISIN:ZAE000097903
(“Interwaste” or “the Group”)

TRADING UPDATE

In accordance with paragraph 3.4 of the Listings Requirements
of the JSE Limited, a company is required to publish a trading
statement as soon as it becomes aware, with a reasonable
degree of certainty, that the financial results for the next
period to be reported on are likely to vary by more than 20%
from those for the previous corresponding period.

Further to the Trading Update released on SENS on 27 January
2015, Shareholders are advised that for the year ended 31
December 2014 the Group expects:

-  earnings per share (“EPS”) of between 10.00 and 11.50
   cents, which is between 31% and 51% higher than the EPS of
   7.61 cents for the previous period;

-  diluted EPS of between 10.00 and 11.50 cents, which is
   between 32% and 52% higher than the diluted EPS of 7.56
   cents for the previous period;

-  headline earnings per share (“HEPS”) of between 10.28 and
   11.50 cents, which is between 17% and 34% higher than the
   HEPS of 8.56 cents for the previous period; and

-  diluted HEPS of between 10.28 and 11.50 cents, which is
   between 20% and 35% higher than the diluted HEPS of 8.50
   cents for the previous period.

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

The Group’s consolidated financial results for the year ended
31 December 2014 will be released on SENS on or before 31
March 2015

Germiston
4 March 2015

Designated Adviser
Grindrod Bank Limited

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