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CORONATION FUND MANAGERS LIMITED - Voluntary Trading Update and Assets Under Management

Release Date: 28/04/2015 16:30
Code(s): CML     PDF:  
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Voluntary Trading Update and Assets Under Management

Coronation Fund Managers Limited

(Incorporated in the Republic of South Africa)

(Registration number 1973/009318/06)

ISIN: ZAE000047353

Share code: CML

("Coronation")

VOLUNTARY TRADING UPDATE AND ASSETS UNDER MANAGEMENT

The board of directors of Coronation is satisfied that a reasonable degree of certainty exists that
diluted headline earnings per share (“DHEPS”) for the half year ended 31 March 2015 are expected
to be between 5% (261.6 cents) and 15% (234.1 cents) lower than the DHEPS for the half year ended
31 March 2014 (275.4 cents).

As detailed in our prior communications, Coronation is a cyclical business with a revenue stream that
is highly geared to both the returns of the market and the level of outperformance that it generates
in the funds it manages on behalf of its clients. The reduced DHEPS is largely attributable to a decline
in the abnormally high level of performance fees generated in the prior comparative six-month
period.

The financial information on which this voluntary trading update is based has not been reviewed or
reported on by Coronation’s external auditors. Coronation’s financial results for the half year ended
31 March 2015 will be released on or about 19 May 2015.

Shareholders are further advised that Coronation’s total assets under management as at 31 March
2015 are R636 billion (updated as at each calendar quarter end).

Cape Town

28 April 2015


Sponsor to Coronation

Deutsche Securities (SA) Proprietary Limited

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