HOSKEN CONSOLIDATED INVESTMENTS LIMITED - Trading Statement

Trading Statement

HOSKEN CONSOLIDATED INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1973/007111/06)
(Share code: HCI & ISIN: ZAE000003257)
("HCI" or "the company")

TRADING STATEMENT

In terms of section 3.4 (b) of the JSE Limited Listings Requirements,
companies are required to publish a trading statement as soon as they are
reasonably certain that the financial results for the current reporting
period will be more than 20% different than that of the previous
corresponding period.

Shareholders are hereby advised that a reasonable degree of certainty exists
that for the six months ended 30 September 2016, the Company will report
basic earnings per share of between 350.2 cents and 398.9 cents, being a
decrease of between 28.0% and 18.0% as compared to basic earnings per share
of 486.4 cents for the prior comparative period, and headline earnings per
share of between 596.0 cents and 547.8 cents, being an increase of between
23.5% and 13.5% as compared to headline earnings per share of 482.6 cents for
the prior comparative period.

The decrease in basic earnings per share is mainly as a result of
consolidated losses on disposal of certain subsidiaries during the period and
the impairment of assets in anticipation of disposal subsequent to reporting
date.

The above information has not been reviewed or reported on by the Company`s
auditors. The Company`s results are expected to be published on or about 23
November 2016.

Cape Town
21 November 2016
Sponsor:
Investec Bank Limited

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