Trading Statement Basil Read Holdings Limited (Incorporated in the Republic of South Africa) Registration Number 1984/007758/06 Share Code: BSR ISIN: ZAE000029781 ("Basil Read" or "the Company") TRADING STATEMENT Shareholders are referred to the trading update released by Basil Read dated 4 August 2015, advising that the company expected earnings per share for the period ending 30 June 2015 to be at least 100% or 145.75 cents per share higher and headline earnings per share for the period to be at least 100% or 145.74 cents per share higher than the previously reported corresponding period. The company is finalising its results for the period ended 30 June 2015 and is required to, in terms of paragraph 3.4(b) of the Listings Requirements of JSE Limited (“JSE”), once reasonable certainty is obtained, to provide the guidance as set out therein. Consequently shareholders are advised that the following guidance replaces the minimum percentage difference quoted in the previous trading update. Basil Read expects its earnings per share for the period ended 30 June 2015 to be between 16 and 45 cents per share or between 111% and 131% higher compared to the 145.75 cents earnings loss per share for the previously reported corresponding period. Shareholders are advised that Basil Read expects its headline earnings per share for the period ended 30 June 2015 to be between 21 and 50 cents per share or between 114% and 134% higher compared to the 145.74 cents headline earnings loss per share for the previously reported corresponding period. Shareholders are further advised that Basil Read expects its earnings from continuing operations for the period ended 30 June 2015 to be between 40 and 65 cents per share or between 133% and 153% higher compared to the 122.53 cents earnings loss from continuing operations per share for the previously reported corresponding period. The financial information on which this trading statement is based has not been reviewed or reported on by Basil Read’s external auditors. Date of interim results and presentation Basil Read will publish its interim results for the period ended 30 June 2015, on Friday, 28 August 2015 on the Stock Exchange News Service (“SENS”) of the JSE. An investor presentation will be hosted in Johannesburg only at 10:00 (SA time) on the same day. The company will provide the following investor services on Friday 28 August 2015 at 10:00 (SA time): 1. Live Call Access Live call access numbers for participants: South Africa: 0 800 200 648 Australia: 1 800 350 100 UK: 0 808 162 4061 2. Playback ACCESS DETAILS: (Playback Code: 38408) South Africa: 011 305 2030 Australia: 1 800 091 250 UK: 0 808 234 6771 3. Live Webcast A live webcast will also be available on www.basilread.co.za. All related documents will be made available for download from www.basilread.co.za. Johannesburg 24 August 2015 Company Secretary Andiswa T Ndoni JSE Sponsor Grindrod Bank Limited Date: 25/08/2015 07:30:00 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.