Trading statement for the year ended 29 Feb 2016 NVEST FINANCIAL HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 2008/015990/06) (“NVest” or “the Company”) ISIN Code: ZAE000199865 JSE Code: NVE TRADING STATEMENT FOR THE FINANCIAL YEAR ENDED 29 FEBRUARY 2016 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. The Company expects to achieve a net profit after taxation in excess of R59 million compared to R33.6m in the prior year. However, the Company has a higher number of shares in issue compared to the prior year. The earnings per share and headline earnings per share for the year ended 29 February 2016 have been computed based on a weighted average number of 245 637 690 shares in issue for the year (177 726 744 for the year ended 28 February 2015). The number of shares in issue as at 29 February 2016 was 302 741 722. Shareholders are accordingly advised of the following relating to the Company’s earnings per share and headline earnings per share: - The earnings per share for the financial year ended 29 February 2016 is expected to be between 23.60 and 24.60 cents per share, representing an increase of between 25% and 30% on the earnings per share information for the comparable period; - The headline earnings per share for the financial year ended 29 February 2016 is expected to be between 19.00 and 19.80 cents per share, representing an increase of between 18% and 23% on the headline earnings per share information for the comparable period; - The earnings and headline earnings per share for the comparative financial year ended 29 February 2016 was 18.93 and 16.07 cents per share respectively. The financial information on which this trading statement is based has not been reviewed nor reported on by the Company’s auditors. The Company’s financial results for the year ended 29 February 2016 will be published on the Stock Exchange News Service of the JSE on or about 30 May 2016. Johannesburg 17 May 2016 Designated Advisor Arbor Capital Sponsors Proprietary Limited Date: 17/05/2016 03:49:00 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.