INSIMBI REFRACTORY & ALLOY SUP LTD - Trading Statement

Trading Statement

Insimbi Refractory and Alloy Supplies Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2002/029821/06)
Share code: ISB ISIN: ZAE000116828
(“Insimbi” or “the Group”)

TRADING STATEMENT

In terms of section 3.4 (b) of the Listings Requirements of the JSE Limited, companies are required to
publish a trading statement as soon as they are satisfied that a reasonable degree of certainty exists that the
financial results for the period to be reported on will differ by at least 20% or more from the financial results
for the previous corresponding period.

Insimbi shareholders are advised that the Group expects an improvement of in excess of 20% in both
earnings per share (“EPS”) (which equates to an increase of at least 0.684 cents per share) and headline
earnings per share (“HEPS”) (which equates to an increase of at least 0.682 cents per share) for the six
months ending 31 August 2015 resulting in a minimum EPS of 4.10 cents per share and HEPS of 4.09 cents
per share for interim the reporting period ended 31 August 2015.Further guidance on the expected ranges
for EPS and HEPS for the year ending six months ending 31 August 2015 will be provided when a
reasonable degree of certainty exists but the increase is a consequence of improved trading and operating
conditions, despite the challenges faced by the local steel industry, which has been mitigated to a large
degree by the Group’s ever expanding diversification.
                                                                            
Insimbi expects to release its interim financial results by no later than 7 October 2015. The financial
information on which this trading statement is based has not been reviewed and reported on by the Group’s
auditors.

Johannesburg
2 September 2015
Sponsor: Bridge Capital Advisors (Pty) Limited

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