Trading statement update Novus Holdings Limited (Incorporated in the Republic of South Africa) JSE share code: NVS ISIN: ZAE000202149 Registration number: 2008/011165/06 (“Novus Holdings”, “the Company” or “the Group”) TRADING STATEMENT UPDATE Shareholders are referred to the trading statement released on the Johannesburg Stock Exchange News Service on 12 April 2017, advising that the Group expects its basic earnings per share (“EPS”) and headline earnings per share (“HEPS”) for the year ended 31 March 2017 to be lower than the previous corresponding period. In the same announcement, the Group undertook to issue a further trading statement once there was clarity on the specific range in EPS and HEPS. Shareholders are advised that the Group expects its basic EPS for the year ended 31 March 2017 to be within the range of 76.7 cents and 80.9 cents. This corresponds to a decline of between 42% and 45% when compared to the reported EPS of 139.5 cents for the year ended 31 March 2016. The Group expects its HEPS for the year ended 31 March 2017 to be within the range of 107.7 cents and 111.9 cents. This corresponds to a decline of between 20% and 23% when compared to the reported HEPS of 139.9 cents for the year ended 31 March 2016. The Group expects to release its results for the year ended 31 March 2017 on SENS on or about 09 June 2017. The financial information on which this trading statement is based has not been reviewed or reported on by the external auditors of Novus Holdings. Cape Town 02 May 2017 Sponsor: Investec Bank Limited 1 Date: 02/05/2017 02:45:00 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.