Trading Statement RENERGEN LIMITED Incorporated in the Republic of South Africa (formerly Dominica Trade Proprietary Limited) (Registration number: 2014/195093/06) Share code: REN ISIN: ZAE000202610 (“Renergen”) TRADING STATEMENT In terms of paragraph 3.4(b) 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 six months ended 31 August 2016 by management has indicated that the loss per share and headline loss per share is expected to be between 19.81 cents and 5.65 cents, reflecting a decrease in the loss of between 93% and 98% compared to the loss per share and headline loss per share of 283.06 cents for the six months ended 31 August 2015. Production commenced in May 2016 with compression taking place from the first of the Company’s current 12 wells, which was the major contributing factor to the positive change in earnings. The financial information on which this trading statement is based has not been reviewed or reported on by Renergen’s auditors. Renergen's financial results are expected to be released on SENS on or about 18 October 2016. 13 October 2016 Johannesburg Designated Adviser Merchantec Capital Date: 13/10/2016 03:09:00 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.