Trading statement for the year ended 31 August 2015 Trematon Capital Investments Limited (Incorporated in the Republic of South Africa) Registration number 1997/008691/06 Share code: TMT ISIN: ZAE000013991 ("Trematon" or "the Trematon group") TRADING STATEMENT FOR THE YEAR ENDED 31 AUGUST 2015 Shareholders are hereby advised that the Trematon group is currently finalising its annual final results for the year ended 31 August 2015. The Trematon group expects: - basic earnings per share for the year ended 31 August 2015 to be between 47.2 cents and 48.8 cents, which is between 93% and 99% higher than that for the year ended 31 August 2014 ("the previous comparable period”) of 24.5 cents; and - headline earnings per share (“HEPS”) for the year ended 31 August 2015 to be between 10.8 cents and 11.5 cents, which is between 151% and 167% higher than that of the previous comparable period's HEPS of 4.3 cents; and - net asset value per share for the year ended 31 August 2015 to be between 233 cents and 237 cents, which is between 40% and 42% higher than that of the previous comparable period’s 167 cents; and - intrinsic net asset value per share for the year ended 31 August 2015 to be between 359 cents and 363 cents, which is between 14% and 15% higher than that of the previous comparable period’s 315 cents. Further details will be provided in the final Trematon group results for the year ended 31 August 2015, due to be published on SENS on or about 18 November 2015. The Financial information on which this trading statement is based has not been reviewed or reported on by the Trematon group's auditors in accordance with either 3.4b(viii)(1)(aa) or 3.4b(viii)(1)(bb) of the Listings Requirements of the JSE Limited. Cape Town 29 October 2015 JSE Sponsor Sasfin Capital (a division of Sasfin Bank Limited) Date: 29/10/2015 11:30:00 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.