Trading Statement - HEPS Expected to be 100% up on Comparative 12 Month Period MICROmega Holdings Limited Incorporated in the Republic of South Africa (Registration number 1998/003821/06) Share code: MMG ISIN: ZAE000034435 (“MICROmega” or “the Company”) TRADING STATEMENT - HEPS EXPECTED TO BE 100% UP ON COMPARATIVE 12 MONTH PERIOD In terms of the Listings Requirements of the JSE Limited, companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the period to be reported on will differ by more than 20% from that of the previous corresponding period. It should be noted that the previous corresponding period was 15 months due to a change in year end from December to March. Consequently a 12 month comparative is included in this statement. A review by management of the financial results for the 12 month period ended 31 March 2015 by management has indicated that: - on a 12 month comparative basis, earnings per share (“EPS”) and headline earnings per share (“HEPS”) will be at least 100% higher, compared to the EPS of 48.88 cents and the HEPS of 49.29 cents for the 12 month period ended 31 December 2013; - EPS is expected to be at least 26.44 cents lower than the EPS of 130.44 cents for the 15 month period ended 31 March 2014, reflecting a decrease of at least 20%. The 15 month period included EPS of 66.15 cents as a result of bargain purchase price inclusions that are not repeated in the current year; and - HEPS is expected to be at least 37.75 cents higher than the HEPS of 62.91 cents for the 15 months ended 31 March 2014, reflecting an increase of at least 60%. A further trading statement will be released once the Company has a greater degree of certainty with regards to its financial results for the financial period. The financial information on which this trading statement is based has not been reviewed or reported on by the Company’s auditors. Johannesburg 20 May 2015 Sponsor Merchantec Capital Date: 20/05/2015 11:18:00 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.