Trading statement for the year ended 31 December 2014 ECSPONENT LIMITED (Previously John Daniel Holdings Limited) Incorporated in the Republic of South Africa Registration number: 1998/013215/06 JSE Code: ECS - ISIN: ZAE000179594 (“the Company” or “Ecsponent”) Trading Statement for the year ended 31 December 2014 In terms of the Listings Requirements of the JSE, a company is required to publish a trading statement as soon as the company is satisfied, with a reasonable degree of certainty, that the financial results for the period to be reported upon next will differ by at least 20% or more from those of the corresponding reporting period of the previous year ("comparative period"). The estimates in respect of the year ended 31 December 2014, on which the trading statement is based, will not be reviewed, audited and reported on by the Company's auditors and the following trading statement is therefore based on the information available at the time of this announcement. The board of directors are pleased to advise shareholders that the corporate actions and strategic direction of the Group continues to gain momentum resulting in improved financial performance by the Group. The board of directors accordingly advises shareholders of Ecsponent that: - Earnings per share (“EPS”) is expected to increase by a minimum of 80% from 0.479 cents for the previously reported comparative period, resulting in a minimum EPS of 0.862 cents per share; and - Headline earnings per share (“HEPS”) is expected to increase by a minimum of 20% from 0.526 cents for the previously reported comparative period, resulting in a minimum HEPS of 0.631 cents per share. The results for the year ended 31 December 2014 will be published prior to 31 March 2015. 27 March 2015 Pretoria Sponsor to Ecsponent Questco (Pty) Ltd Date: 27/03/2015 05:33:00 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.