Further Trading Statement for the Year Ending 31 December 2015 ANCHOR GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number 2009/005413/06) (“Anchor” or “the Company”) ISIN Code: ZAE000193389 JSE Code: ACG FURTHER TRADING STATEMENT FOR THE YEAR ENDING 31 DECEMBER 2015 In terms of the JSE Listings Requirements, companies are required to publish a trading statement as soon as they are satisfied that a reasonable degree of certainty exists that the financial results for the period to be reported will differ by at least 20% from the financial results for the previous corresponding period or a profit forecast previously provided to the market in relation to such period. Further to the initial trading statement issued on 10 March 2015, the directors of Anchor have considered the Company’s performance for the year to date and are reasonably certain that the financial results for the year ending 31 December 2015 will show an improvement on both the financial results for the year ended 31 December 2014 and the profit forecast for the year ending 31 December 2015 as published in the Prospectus dated 2 September 2014. Shareholders are accordingly advised of the following: Comparison against prior year: - The earnings, headline earnings and adjusted headline earnings per share for the prior year ended 31 December 2014 were 32.0 cents per share, 28.3 cents per share and 30.1 cents per share respectively, based on a weighted average number of 75.9 million shares in issue. - The earnings per share, headline earnings per share and adjusted earnings per share for the year ending 31 December 2015 is expected to be between 43.1 cents per share and 52.7 cents per share respectively based on weighted average shares in issue of 148.3 million, representing an increase of between 40% and 60% compared to the prior comparative period. Comparison against the profit forecast: - The forecast earnings per share and headline earnings per share for the year ending 31 December 2015 as detailed in the Prospectus was 27.65 cents per share based on a weighted average number of shares in issue of 92.6 million. - The earnings per share, headline earnings per share and adjusted earnings per share for the year ending 31 December 2015 is expected to be between 43.1 cents per share and 52.7 cents per share respectively based on weighted average shares in issue of 148.3 million, representing an increase of at least 55% compared to the forecast comparable earnings per share information presented above. Whilst the Company has considered various IFRS implications in issuing this trading statement, the information disclosed below does not take into account any potential unknown IFRS adjustments that may result from the audit for the year ending 31 December 2015 and a further trading statement may be required in due course. The financial information on which this trading statement is based has not been reviewed or reported on by the Company’s auditors. Johannesburg 3 December 2015 Designated Advisor Arbor Capital Sponsors Proprietary Limited Date: 03/12/2015 02:54:00 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.