Updated Trading Statement 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”) Updated Trading Statement for the year ended 31 December 2014 The board of directors are pleased to provide shareholders with a further update to the trading statement released on 27 March 2015. The directors anticipate substantially improved results as follows: - Earnings per share (“EPS”) is expected to increase by between 135% and 155%, resulting in an EPS of between 1.125 cents and 1.220 cents per share as compared to 0.479 cents per share for the comparative period; and - Headline earnings per share (“HEPS”) is expected to increase by between 65% and 85%, resulting in a HEPS of between 0.868 cents and 0.973 cents per share as compared to 0.526 cents per share for the comparative period. 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. 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. 30 March 2015 Pretoria Sponsor to Ecsponent Questco (Pty) Ltd Date: 30/03/2015 12:11:00 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.