Trading Statement Sasfin Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 1987/002097/06) Ordinary share code: SFN ISIN: ZAE000006565 Preference share code: SFNP ISIN: ZAE000060273 (“Company”) TRADING STATEMENT In terms of paragraph 3.4(b)(i) of the JSE Limited Listings Requirements, shareholders of the company are advised of the following expectations in regard to the half year to 31 December 2016: - Headline earnings per share of between 264.20 cents and 277.58 cents, corresponding to a decrease of between 17% and 21% in comparison to 334.43 cents reported for the half year ended 31 December 2015; and - Earnings per share of between 261.08 cents and 274.47 cents, corresponding to a decrease of between 18% and 22% in comparison to 334.72 cents reported for the half year ended 31 December 2015. Trading was negatively impacted by an increase in costs largely relating to regulatory requirements, weak economic conditions and unexpected credit and investment write downs. The information in this trading statement has not been reviewed or reported on by the Company’s auditors. The results for the half year ended 31 December 2016 are expected to be published on or about 16 March 2017. Johannesburg 21 February 2017 Lead Sponsor Sasfin Capital (A division of Sasfin Bank Limited) Independent Sponsor KPMG Date: 21/02/2017 11:05:00 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.