Voluntary trading update and assets under management Coronation Fund Managers Limited (Incorporated in the Republic of South Africa) (Registration number 1973/009318/06) ISIN: ZAE000047353 Share code: CML ("Coronation") VOLUNTARY TRADING UPDATE AND ASSETS UNDER MANAGEMENT The board of directors of Coronation is satisfied that a reasonable degree of certainty exists that diluted headline earnings per share (“DHEPS”) for the financial year ended 30 September 2015 are expected to be between 5% (543.0 cents) and 15% (485.9 cents) lower than the DHEPS for the financial year ended 30 September 2014 (571.6 cents). As detailed in our prior communications, Coronation is a cyclical business with a revenue stream that is highly geared to both the returns of the market and the level of outperformance generated in the funds it manages on behalf of clients. The financial information on which this voluntary trading update is based has not been reviewed or reported on by Coronation’s external auditors. Coronation’s financial results for the financial year ended 30 September 2015 will be released on or about 10 November 2015. Assets under management As per the communication for each calendar quarter end, shareholders are further advised that Coronation’s total assets under management as at 30 September 2015 are R610 billion. Cape Town 26 October 2015 Sponsor to Coronation Deutsche Securities (SA) Proprietary Limited Date: 26/10/2015 10:00:00 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.