CHROMETCO LIMITED - Updated Trading Statement

Updated Trading Statement

CHROMETCO LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2002/026265/06)
Share code: CMO
ISIN: ZAE000070249
("the Company")

UPDATED TRADING STATEMENT

In terms of the JSE Limited Listings Requirements, a listed company
is required to publish a trading statement as soon as a reasonable
degree of certainty exists that the financial results for the
financial period to be reported on next will vary by 20% or more
from those of the previous corresponding period.

Shareholders are referred to the trading statement released on
SENS on 6 May 2016 and are hereby advised that:

-   the basic loss per share for the financial year ended 29
    February 2016 will be between 11.00 cents and 10.54 cents, or
    between 28.5% and 34.1% lower than the 8.20 cents basis loss per
    share reported for the year ended 28 February 2015; and

-   the headline loss per share for the financial year ended 29
    February 2016 will be between 11.00 cents and 10.54 cents, or
    between 28.5% and 34.1% lower than the 8.20 cents headline loss
    per share reported for the year ended 28 February 2015.

The net asset value per share of the company has increased to 75.66
cents from 62.81 cents in 2015, an increase of 20.5%.

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

The Company’s year-end results for the twelve months ended 29
February 2016 are expected to be published on SENS on or about 31
May 2016.

26 May 2015

Designated Advisor

PSG Capital

Date: 26/05/2016 01:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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