Trading Statement WILSON BAYLY HOLMES - OVCON LIMITED Building and civil engineering contractors (Registration no. 1982/011014/06) ISIN No: ZAE 000009932 Share code: WBO (“WBHO” or “the Company”) TRADING STATEMENT The directors of Wilson Bayly Holmes-Ovcon Ltd hereby advise shareholders that, in respect of the consolidated interim results for the period ended 31 December 2015, earnings per share and headline earnings per share are expected to vary by the percentages and amounts in the table below in comparison to the restated figures: 31 December 31 December 31 December 31 December FY15 FY15 FY14 FY14 % range between between (Restated) (As previously reported) Continuing operations Headline earnings per 20% to 25% up 626 and 652 521,7 529,9 share (cents) Earnings per share 15% to 20% up 629 and 656 547,0 555,2 (cents) Total operations Headline earnings per 15% to 20% up 622 and 649 540,9 540,9 share (cents) Earnings per share 7,5% to 12,5% up 612 and 641 569,8 569,8 (cents) During the period under review 3Q Mahuma Concrete (Pty) Ltd, a subsidiary of Capital Africa Steel (Pty) Ltd met the requirements for classification as a discontinued operation in terms of International Financial Reporting Standards (IFRS). Earnings per share and headline earnings per share in respect of the comparative period 31 December 2014 have been restated accordingly. The financial results for the period to 31 December 2015 are expected to be released on SENS 23 February 2016. This statement has not been reviewed or reported on by the company’s auditors. By order of the board Johannesburg 12 February 2016 Sponsor: Investec Bank Limited Date: 12/02/2016 01:45:00 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.