Trading statement for the half year ended 27 June 2015 Delta EMD Limited (Incorporated in the Republic of South Africa) Registration number 1919/006020/06 ISIN: ZAE000132817 Share code: DTA ("the Group") TRADING STATEMENT FOR THE HALF YEAR ENDED 27 JUNE 2015 Shareholders are referred to the Group's Audited annual financial results for the year ended 27 December 2014, released on the Stock Exchange News Service ("SENS") of the JSE Limited on 9 February 2015. This trading statement is for the half year ending 27 June 2015 ("half year") and is intended to apprise shareholders of the expected Group results for the half year, and of further progress made toward the sale of assets in connection with the discontinuation of the Group's business. Agreements for the salvage and sale of the majority of the Nelspruit plant and equipment, with a book value of R35.2 million, were concluded during April 2015 for a sale value of R40.2 million. All suspensive conditions for these agreements were fulfilled by 27 June 2015. The sale of all remaining Nelspruit plant and equipment with a book value of R5.9 million will be concluded during the remainder of the year. Negotiations for the sale of the Nelspruit land (book value R25.9 million), including the remaining infrastructure and buildings which were not earmarked for demolition, continue. The salvage, demolition and remediation of the Group's Nelspruit site are the remaining steps toward the discontinuation of the Group's business and realisation of value for its assets. Progress on these fronts remains to plan with completion targeted for the end of 2015. The Group forecasts a loss per share for the period of between 16.27 cents and 18.31 cents reflecting a decrease of between 91.9% and 90.9% compared with the period ended 27 June 2014 (2014: loss per share of 201.6 cents) and headline loss per share for the period of between 32.54 cents and 34.58 cents reflecting a decrease of between 83.8% and 82.8% compared with the period ended 27 June 2014 (2014: headline loss per share of 201.6 cents). This forecast includes a profit of R8.2 million realised on the sale of the Australia plant site and on the sales of the Nelspruit plant and equipment concluded by 27 June 2015, referred to above. The above financial information on which this trading statement is based has not been reviewed and reported on by the Group's external auditors. Delta EMD's results for the half year are expected to be released on SENS on or about 5 September 2015. 20 July 2015 Nelspruit Merchant bank and sponsor RAND MERCHANT BANK (a division of FirstRand Bank Limited) Date: 20/07/2015 11:35:00 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.