CHROMETCO LIMITED - Updated Trading Statement

Updated Trading Statement

CHROMETCO LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2002/026265/06)
Share code: CMO
ISIN: ZAE000070249
("the Company")

UPDATED TRADING STATEMENT

In terms of the JSE Limited Listings Requirements, a listed company
is required to publish a trading statement as soon as a reasonable
degree of certainty exists that the financial results for the
financial period to be reported on next will vary by 20% or more
from those of the previous corresponding period.

Shareholders are referred to the trading statement released on
SENS on 28 November 2016 and are hereby advised that:

-   the basic loss per share for the six months ended 31 August
    2016 will be between 7.84 cents and 8.28 cents, or between 251.4%
    and 271.4% lower than the 2.23 cents basic loss per share
    reported for the six months ended 31 August 2015; and

-   the headline loss per share for the six months ended 31 August
    2016 will be between 7.84 cents and 8.28 cents, or between 251.4%
    and 271.4% lower than the 2.23 cents headline loss per share
    reported for the six months ended 31 August 2015.

The net asset value per share of the company has increased to 96.10
cents from 76.00 cents as of 31 August 2015, an increase of 26.4%.

The financial information on which this updated trading statement
is based has not been reviewed or reported on by the Company’s
auditors.

The Company’s interim results for the six months ended 31 August
2016 are expected to be published on SENS on 30 November 2016.

30 November 2016

Designated Advisor

PSG Capital

Date: 30/11/2016 07:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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