Trading update GOODERSON LEISURE CORPORATION LIMITED (Incorporated in the Republic of South Africa) (Registration number 1972/004241/06) (JSE code: GDN ISIN: ZAE000084984) (“Gooderson” or “the company” or “the group”) Trading Statement In terms of paragraph 3.4(b) of the JSE Limited (“JSE”) Listings Requirements, companies are required to publish a trading statement as soon as a reasonable degree of certainty exists that the financial results for the period reported on will differ by more than 20% from the previous corresponding period. Shareholders are advised that Gooderson is currently in the process of finalizing its results for the six months ended 31 August 2015. It is anticipated, with a reasonable degree of certainty, that Gooderson will reflect a basic loss per share of between 0.02 and 0.12 cents (basic earnings of 0.68 cents per share for the six months ended 31 August 2014) which equates to a decrease of between 102% and 117%. It is also anticipated, with a reasonable degree of certainty, that Gooderson will reflect a headline loss per share of between 0.04 and 0.12 cents (headline earnings of 0.67 cents per share for the six months ended 31 August 2014) which equates to a decrease of between 102% and 117%. As stated in the Annual Report 2015, is was expected that the Interim Results for the six months ended 31 August 2014 would show a loss due to the extensive upgrades and refurbishment programmes done in the winter months. The group has built a waterpark at the Natal Spa Hot Springs & Leisure Resort and upgraded and refurbished 25 hotel rooms. At Drakensberg Gardens Golf and Spa Resort the group has built 6 hotel rooms and upgraded and refurbished 26 hotel rooms and are in the process of creating an Adventure Park. As announced on SENS on 19 May 2015, the group has taken over the Beach Hotel in Durban and is in the process of being upgraded to Goodersons standards. The financial information on which this trading statement is based has not been reviewed by Gooderson’s auditors. The company’s financial results for the six months ended 31 August 2015 are expected to be released on 22 October 2015. 15 October 2015 Johannesburg Designated Advisor Exchange Sponsors Date: 15/10/2015 04:05:00 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.