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REMGRO LIMITED - Trading statement

Release Date: 08/09/2015 09:18
Code(s): REM     PDF:  
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Trading statement

Remgro Limited
(Incorporated in the Republic of South Africa)
(Registration number 1968/006415/06)
ISIN: ZAE000026480
Share code: REM
("Remgro" or "the Company")

TRADING STATEMENT

Paragraph 3.4 (b) of the Listings Requirements of the JSE Limited ("JSE Listings Requirements")
requires companies to publish a trading statement as soon as they become reasonably certain that
their financial results for the period to be reported upon next will differ by at least 20% from those
of the previous corresponding period.

Remgro's results for the year ended 30 June 2015 are due to be released on the Stock Exchange
News Service on or about 17 September 2015. In compliance with the JSE Listings Requirements,
Remgro shareholders are advised that Remgro's reported headline earnings per share ("HEPS") is
expected to be between 1 525.0 cents (+18%) and 1 576.7 cents (+22%) compared to the HEPS of
1 292.4 cents reported for the year ended 30 June 2014.

The increase in HEPS is mainly due to improved results being reported by RCL Foods Limited
compared to the previous year, resulting from the positive effect of Rainbow's new business model
whereby reliance on pure commodity lines was reduced, as well as the restructuring of its debt
during the previous financial year whereby the Euro bonds were replaced by a rand based debt
package which eliminated the unfavourable foreign exchange adjustments.

The financial information on which this trading statement is based has not been reviewed and
reported on by the Company's external auditors.


Stellenbosch
8 September 2015

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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