Trading Update for the year ended 28 February 2015 Infrasors Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 2007/002405/06) Share code: IRA ISIN: ZAE 000101507 (“Infrasors” or “the Company”) TRADING UPDATE FOR THE YEAR ENDED 28 FEBRUARY 2015 In terms of the JSE Listings Requirements, companies are required to publish a trading statement as soon as they are satisfied with a reasonable degree of certainty that the financial results of the period to be reported upon will differ by 20% or more from the financial results of the previous corresponding period. Infrasors shareholders are advised that: • Basic earnings per share for the year is expected to be between 7.1 and 7.6 cents per share (2014: 2.8 cents per share) reflecting an increase of between 154% and 171% on the previous year; and • Headline earnings per share for the year is expected to be between 7.8 and 8.4 cents per share (2014: 6.0 cents per share) reflecting an increase of between 30% and 40% on the previous year. The increase in earnings should be seen from the very low base reported in the previous year. Current year results also benefited from lower depreciation charges and a reduction in holding company management fees. The financial information on which this trading statement is based has not been reviewed by the Company’s auditors. The Company’s financial results will be released on or about 20 May 2015. By order of the Board of Directors Johannesburg 26 March 2015 Sponsor: Bridge Capital Advisors Proprietary Limited Date: 26/03/2015 04:45:00 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.