AFRICAN DAWN CAPITAL LIMITED - Trading Statement

Trading Statement

AFRICAN DAWN CAPITAL LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1998/020520/06)
Share code: ADW
ISIN Code: ZAE000060703
“Afdawn” or “the Company”)

TRADING STATEMENT

In terms of the Listings Requirements of the 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 next will differ by more than 20%
from those of the previous corresponding period.

Shareholders are hereby advised that a reasonable degree of
certainty exists that for the six month period ended 31 August
2016, the Company expects to report a loss and headline loss per
share of between 0.78 cents and 0.80 cents, compared to earnings
and headline earnings per share of 0.10 cents for the six month
period ended 31 August 2015.

The information contained in this trading statement has not been
reviewed or reported on by the Company's external auditors.
Afdawn expects to release its financial results for the six
months ended 31 August 2016 on or about 29 November 2016.

Johannesburg

25 November 2016
Sponsor
PSG Capital

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