ANCHOR GROUP LIMITED - Further trading statement

Further trading statement

ANCHOR GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2009/005413/06)
JSE share code: ACG   ISIN: ZAE000193389
(“Anchor Group” or “the Company”)


FURTHER TRADING STATEMENT


Shareholders are referred to the trading statement released on SENS on 6 February 2017 wherein the Company noted,
that it anticipated that the earnings per share (“EPS”) for the year ended 31 December 2016 was anticipated to be 25-
36% higher than the year ended 31 December 2015 of 55.1 cents per share, being 68.9 cents per share to 74.7 cents
per share for the year ended 31 December 2016.

Anchor Group wishes to provide further revised guidance and shareholders are accordingly advised that EPS for the
year ended 31 December 2016 is expected to be higher than the EPS for the year ended 31 December 2015, as further
set out below:

Comparison against prior year:
                                                                        2016            2015              % change

Earnings per share (cents)                                         76.1-79.3            55.1                38-44

Headline earnings per share (cents)                                58.3-60.7            55.1                 6-10

Adjusted headline earnings per share (cents)                         63.4-66            57.7                10-14

Weighted average number of shares in issue (million)                   178.1           148.9

The primary reason for the higher than previously anticipated EPS is a change in the tax rate applied to a fair value
gain on the acquisition of a former associate, as detailed in the prior SENS statement.

The financial information on which this trading statement is based has not been reviewed or reported on by the
Company’s auditors. Anchor Group’s results for the year ended 31 December 2016 will be released on or about
22 March 2017.


17 March 2017


Designated advisor
Java Capital

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