Trading statement Clover Industries Limited (Incorporated in the Republic of South Africa) (Registration number 2003/030429/06) Ordinary Share code: CLR NSX Ordinary Share code: CLN ISIN No: ZAE000152377 (“Clover” or “the Company” or “the Group”) TRADING STATEMENT In terms of the JSE Limited Listings Requirements, companies are required to provide guidance to the market when they are satisfied that a reasonable degree of certainty exists that the financial results for the current reporting period will differ by at least 20% from the results of the previous corresponding reporting period. Accordingly, shareholders of the Company are advised that Clover expects headline earnings per share (“HEPS”) for the year ended 30 June 2015 to be at least 20% or 20,55 cents higher than HEPS of 102.7 cents reported in the previous corresponding period, the year ended 30 June 2014. Earnings per share (“EPS”) for the year ended 30 June 2015 is expected to be at least 20% or 20,46 cents higher than EPS of 102.3 cents reported in the previous corresponding period, the year ended 30 June 2014. There is currently insufficient certainty to enable the Group to provide specific guidance on the extent of the expected increase in both HEPS end EPS and it is anticipated that Clover will publish a further trading statement closer to the release of its annual financial results on the Stock Exchange News Service, on or about 15 September 2015. The forecast financial information on which this trading statement is based has not been reviewed and reported on by the Company’s external auditors. Johannesburg 6 July 2015 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 06/07/2015 11:41:00 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.