ADVANCED HEALTH LIMITED - Trading Statement

Trading Statement

ADVANCED HEALTH LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2013/059246/06)
(“the Company” or “Advanced Health”)
ISIN Code: ZAE000189049        JSE Code: AVL

TRADING STATEMENT

In terms of paragraph 3.4(b)(i) of the Listings Requirements of the Johannesburg Stock Exchange, listed
companies are required to publish a trading statement as soon as they become reasonably certain that the
financial results for the next period to be reported on will be more than 20% different from those of the
previous corresponding period.

Shareholders are advised that Advanced Health expects to report that net profit after taxation attributable
to the parent, as per the unaudited financial results for the six months ended 31 December 2015, has
decreased to R0.925 million compared to R5.174 million for the period ended 31 December 2014.

Earnings per share and headline earnings per share will be 0.42 cents for the six months ended
31 December 2015 compared to earnings per share and headline earnings per share of 2.33 cents for the
six months ended 31 December 2014.

The decline in the earnings per share can be attributed to the development of the new day hospitals in
South Africa. These have a lead time of up to 18 months, depending on circumstances for the completion
of the construction and the commissioning process. Thereafter the new operations require a trading
period up to 24 months before breakeven, which results in initial operating losses for the first year or two.
The company commenced with the development of 7 new day hospitals during the 2015 and 2016 financial
years of which the first opened in August 2015.

The operations in Australia performed in accordance with management’s expectations.

The financial information on which this trading statement is based has not been reviewed and reported on
by the company’s auditors.

The company’s interim results for the six months ended 31 December 2015 are anticipated to be released
on or about the 25 February 2016.

15 February 2016
Johannesburg

Designated Advisor
Arbor Capital Sponsors Proprietary Limited

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