E MEDIA HOLDINGS LIMITED - Trading Statement

Trading Statement

eMEDIA HOLDINGS LIMITED
(Incorporated in Republic of South Africa)
Registration number: 1968/011249/06
JSE share code: EMH        IZIN: ZAE000208898
JSE share code: EMN        IZIN: ZAE000209524
(“eMedia Holdings” or “the Group”)


TRADING STATEMENT

For the year ended 31 March 2017, shareholders are advised:

   -   Earnings per share is expected to range between 22.50 and 24.50 cents per share
       (2016: 14.47 cents loss per share).
   -   Earnings per share from continuing operations is expected to range between 15.30
       and 17.30 cents per share, which is between 90% and 115% higher than the previous
       financial reporting period (2016: 8.02 cents).
   -   Earnings per share from discontinuing operations is expected to range between
       6.10 and 8.10 cents per share (2016: 22.49 cents loss per share).
   -   Headline earnings per share is expected to range between 21.00 and 23.00 cents
       per share (2016: 7.33 cents).
   -   Headline earnings from continuing operations is expected to range between 19.20
       and 21.20 cents per share (2016: 8.59 cents).
   -   Headline earnings from discontinuing operations is expected to range between 0.65
       and 2.65 cents per share (2016: 1.26 cents loss per share).

The increase in headline earnings per share can be attributed to the market share of the
Groups’ core asset, e.tv remaining constant and the consequent impact it had on
advertising revenue increasing by 9.0% year-on-year.

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

The Group’s results for the year ended 31 March 2017 are scheduled to be published on
or about 24 May 2017.

Johannesburg
19 May 2017

Sponsor
Investec Bank Limited

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