Trading Statement Bauba Platinum Limited Incorporated in the Republic of South Africa (Registration number 1986/004649/06) Share code: BAU ISIN: ZAE000145686 (“Bauba” or “the Company”) TRADING STATEMENT In terms of the Listings Requirements of JSE Limited, companies are required to publish a trading statement as soon as there is a reasonable degree of certainty that the results to be reported on will differ by more than 20% from that of the previous corresponding period. Accordingly, a review of the financial results for the year ended 30 June 2016 by management has indicated that: - the loss per share is expected to be between 2.65 cents and 2.72 cents compared to the earnings per share of 0.34 cents for the year ended 30 June 2015; and - the headline loss per share is expected to be between 2.39 cents and 2.92 cents compared to the headline earnings per share of 2.65 cents for the year ended 30 June 2015. This is mainly attributable to the placing of Bauba’s chrome asset (Moeijelijk 412KS) under care and maintenance. The financial information on which this trading statement is based has not been reviewed or reported on by the Company’s auditors. The Company’s reviewed results for the year ended 30 June 2016 are expected to be released on SENS on or before 17 August 2016. Johannesburg 8 August 2016 Sponsor Merchantec Capital Date: 08/08/2016 02:00:00 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.