Trading statement BK One Limited Incorporated in the Republic of South Africa Registration Number: 2011/008103/06 Preference Share Code: BK1P ISIN: ZAE000161352 (“BK One” or “the Company”) Trading statement In terms of the JSE Limited Listings Requirements, companies are required to publish a trading statement as soon as they are reasonably certain that the financial results for the current reporting period will be more than 20% different than that of the prior comparative period. Further to the above, BK One expects a loss per share and headline loss per share for the six months ended 31 August 2015 between a range of -319 cents to -382 cents (1872% to 2222%), primarily as a result of the negative impact of the lack of working capital funding has had on the valuation of Advance Vacuum Alloys Proprietary Limited investment held by BK One (refer to SENS announcement 7 October 2015 and the notes to the annual financial statements for the year ended 28 February 2015). Additionally, the provisional impairment of the loan from BK One into Pure Ocean East London Pty Limited is also expected to have a negative impact on the valuation of Pure Ocean Aquaculture Proprietary Limited. The prior comparative period, being the six months ended 31 August 2014, reflected earnings per share and headline earnings per share of 18 cents. Shareholders are advised that the above information has not been reviewed or reported on by the Company’s auditors and that the Company’s results for the six months ended 31 August 2015 are expected to be published on or about 7 November 2015. Cape Town 16 October 2015 Sponsor Nedbank Corporate and Investment Banking Date: 16/10/2015 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.