Trading statement PSG Konsult Limited (Incorporated in the Republic of South Africa) Registration Number: 1993/003941/06 JSE Share Code: KST NSX Share Code: KFS ISIN Code: ZAE000191417 (“PSG Konsult”) RECURRING HEADLINE EARNINGS PSG Konsult uses the recurring headline earnings per share benchmark to provide management and investors with a realistic and transparent way of evaluating its earnings performance. Once-off items are excluded from recurring headline earnings. PSG KONSULT TRADING STATEMENT AND RELEASE OF FINANCIAL RESULTS In terms of the Listings Requirements of JSE Limited, listed 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 next will differ by at least 20% from that of the previous corresponding period. In compliance with the JSE Listing Requirements, shareholders are advised that a review of the financial results for the year ended 28 February 2015 by management has indicated that a reasonable degree of certainty exists that for the year ended 28 February 2015: - Recurring headline earnings per share will be between 26.8 cents and 27.3 cents, or between 30% and 33%, higher than reported in the prior year of 20.6 cents; - Headline earnings per share will be between 26.6 cents and 27.2 cents, or between 33% and 36%, higher than reported in the prior year of 20.0 cents; and - Attributable earnings per share will be between 26.7 cents and 27.3 cents, or between 31% and 34%, higher than reported in the prior year of 20.4 cents. The financial information on which this trading statement is based has not been reviewed or reported on by PSG Konsult’s auditors. PSG Konsult’s financial results for the financial year ended 28 February 2015 are expected to be released on Stock Exchange News Service ("SENS") of the Johannesburg Stock Exchange ("JSE") and the Namibian Stock Exchange (“NSX”) on or about Thursday, 9 April 2015. Tyger Valley 25 March 2015 JSE sponsor: PSG Capital (Pty) Ltd NSX sponsor: PSG Wealth Management (Namibia) (Pty) Ltd, member of the Namibian Stock Exchange Date: 25/03/2015 05:00:00 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.