Trading statement Sentula Mining Limited Incorporated in the Republic of South Africa (Registration number 1992/001973/06) Share code: SNU ISIN: ZAE000107223 (“Sentula”) TRADING STATEMENT In terms of the Listings Requirements of JSE Limited, companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the period to be reported on will differ by more than 20% from that of the previous corresponding period. Accordingly, a review of the financial results for the six months ended 30 September 2015 by management has indicated that: - the basic loss per share (“LPS”) is expected to be between 5.32 cents and 5.99 cents, reflecting a decrease in the loss of between 60.0% and 55.0% compared to the LPS of 13.29 cents for the six months ended 30 September 2014; and - the headline loss per share (“HLPS”) is expected to be between 5.53 cents and 5.96 cents, reflecting a decrease in the headline loss of between 34.9% and 29.9% compared to the HLPS of 8.49 cents for the six months ended 30 September 2014. The financial information on which this trading statement is based has not been reviewed or reported on by Sentula’s auditors. Sentula's financial results are expected to be released on SENS on or about 25 November 2015. Johannesburg 12 November 2015 Sponsor Merchantec Capital Date: 12/11/2015 09:00:00 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.