Voluntary Trading Statement in respect of the six month period ended 31 August 2015 RAUBEX GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number 2006/023666/06) JSE Share code: RBX ISIN: ZAE000093183 (“Raubex” or “the Company”) VOLUNTARY TRADING STATEMENT IN RESPECT OF THE SIX MONTH PERIOD ENDED 31 AUGUST 2015 Shareholders are advised that Raubex expects its earnings per share and headline earnings per share for the six month period ended 31 August 2015 to be between 0% and 10% higher compared to the corresponding period to 31 August 2014. This translates in earnings per share ranging between 103,5 and 113,9 cents per share (H1 2015: 103,5 cents per share) and headline earnings per share ranging between 101,6 and 111,8 cents per share (H1 2015: 101,6 cents per share). The Materials Division has continued to experience favourable operating conditions during the period with the acquisitions concluded in the prior year all bedded down well and making positive contributions to earnings. The outlook for commercial quarry operations and material handling and processing operations remains positive. In the Road Construction Division, the volume of work out on tender has been healthy and although conditions remain competitive in the sector, the Group has been able to maintain its order book at suitable levels while following its strategy of selective order book replacement at better margins. The Road Surfacing and Rehabilitation segment, and in particular the asphalt production operations, have experienced a challenging period with results negatively affected by a severe bitumen supply shortage due to unplanned refinery shut downs and aggregate supply issues, both of which have been resolved subsequently. The Road Construction and Earthworks segment saw margins improving during the period due to a better quality order book and teams continuing to focus on the efficient work execution. In Zambia, the two link 8000 contracts are progressing well operationally, however the significant devaluation of the Zambian Kwacha during September 2015 will impact the future profitability of these contracts should the Zambian Kwacha remain at current levels. In light of this, the Group has had constructive engagements with the Client (the Zambia Roads Development Agency) and is in the process of negotiating measures to mitigate the exchange rate risk and support the successful completion of the contracts. These negotiations are ongoing and the Group will be able to provide a more detailed update with release of its interim results in November. The Infrastructure segment experienced a slow start to the year, due mainly to the effect of the lower commodity prices on the capital expenditure plans of the Group’s mining clients and also the timing of the execution of solar energy projects. With site establishment on secured solar work completed towards the end of the first half, the Group is expecting a stronger second half performance from this division as these projects are executed. Prospects for future work in the solar energy sector are encouraging. The financial information on which this trading statement is based has not been reviewed or reported on by the Company’s auditors. The release of the results for the period ended 31 August 2015 is anticipated to be published on or about 9 November 2015. Centurion 26 October 2015 Sponsor Investec Bank Limited Date: 26/10/2015 08:00:00 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.