ALARIS HOLDINGS LIMITED - Trading Statement

Trading Statement

Alaris Holdings Limited
Incorporated in the Republic of South Africa
(Registration number 1997/011142/06)
Share code: ALH ISIN: ZAE000201554
(“the Company”)


TRADING STATEMENT


In terms of the Listings Requirements of JSE Limited, companies are required to publish a trading
statement as soon as they become reasonably certain that the financial results for the period 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 earnings per share is expected to be between 13.18 cents and 13.76 cents compared to the loss per
    share of 2.91 cents for the year ended 30 June 2015;

 -  the headline earnings per share (“HEPS”) is expected to be between 11.95 cents and 14.99 cents,
    reflecting a decrease in HEPS of between 21.50% and 1.50% compared to the HEPS of 15.22 cents for
    the year ended 30 June 2015. The decrease in HEPS is as a result of the earn out of Aucom being
    concluded at 30 June 2016 with a higher than estimated profit, resulting in the release of the contingent
    consideration asset; and

 -  the normalised earnings per share is expected to be between 28.96 cents and 32.24 cents, reflecting an
    increase in normalised earnings per share of between 76.50% and 96.50% compared to the normalised
    earnings per share of 16.41 cents for the year ended 30 June 2015.

Normalised earnings is calculated by adjusting profit for the fair value adjustment of the contingent
consideration asset, goodwill impairment, loss on discontinued operations and profit (net after tax) on
disposal of Compart and legal and consulting fees for acquisitions and disposals.

Normalised earnings per share is calculated by dividing normalised earnings by the weighted average
number of ordinary shares in issue.

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 financial results are expected to be released on SENS on or
about 12 September 2016.

Johannesburg
8 September 2016

Designated Adviser
Merchantec Capital

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