Initial trading statement AH-VEST LIMITED (Incorporated in the Republic of South Africa) (Registration number 1989/000100/06) (“AH-Vest” or “the company”) Share code: AHL ISIN code: ZAE000129177 INITIAL TRADING STATEMENT In terms of paragraph 3.4(b)(i) of the Listings Requirements of the Johannesburg Stock Exchange, listed companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the next period to be reported on will be more than 20% different from those of the previous corresponding period or from a profit forecast previously provided to the market in relation to such period. Shareholders are advised that the company expects to achieve a break-even position for the year ended 30 June 2015 compared with a loss for the year ended 30 June 2014. For the year ended 30 June 2014, the company recorded a loss and headline loss of (4.41) cents per share and a continuing loss and headline loss of (5.34) cents per share. Accordingly, an improvement of approximately 100% to a breakeven position is expected although a range cannot yet be provided. The company has improved its position following the successful relocation of the Tarlton factory to Eikenhof as well as a substantial improvement in service delivery levels compared to the prior year. New production lines have been commissioned at the new Eikenhof factory as well as new products and product innovation. The financial information, on which this trading statement is based, has not been reviewed or reported on by the company’s auditors. Johannesburg 4 September 2015 Designated Advisor Arbor Capital Sponsors Proprietary Limited Date: 04/09/2015 04:00:00 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.