ADVANCED HEALTH LIMITED - Trading Statement

Trading Statement

ADVANCED HEALTH LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2013/059246/06)
(“the Company” or “the Group” or “Advanced Health”)
ISIN Code: ZAE000189049      JSE Code: AVL


TRADING STATEMENT


In terms of paragraph 3.4(b) of the Listings Requirements of the Johannesburg Stock Exchange, listed
companies are required to publish a trading statement as soon as they become reasonably certain that the
financial results for the next period to be reported on will differ by more than 20% from those of the previous
corresponding period.

Shareholders are advised that Advanced Health expects an increase in the loss and headline loss per share,
attributable to the parent, for the 12 months ending 30 June 2017, of at least 100% compared to the loss per
share and headline loss per share of 8.26 and 8.25 cents respectively for the 12 months ended 30 June 2016.

The increase in losses are planned and in accordance with the Company rolling out its known strategy to
become the leading provider of day hospitals in South Africa and Australia. In South Africa, the Group now
consists of ten operational day hospitals and three in Australia. The Company is starting to see an increase
in the number of patients treated and consequently turnover in both South Africa and Australia is increasing.

The information in this trading statement has not been reviewed and reported on by the Company’s auditors.


EXPANSION IN AUSTRALIA

Shareholders are hereby advised that the Australian subsidiary of Advanced, Presmed Australia (PMA) has
reached an agreement in principle with the owner of an ophthalmic day hospital to acquire 100% of the
business.

Presmed Australia has signed an agreement for the purchase of this facility. As part of the agreement the
current owner has to satisfy a number of conditions precedent for the sale to be completed, which is
scheduled to take place on or about 3 July 2017.

The acquired facility is a one theatre ophthalmic specific day hospital situated in the heart of the business
district in the suburb of Hornsby, 25 kilometres north-west of Central Sydney. The Facility is licensed, has
contracts in place with the majority of medical schemes, has accreditation with Global Mark, and is in very
good condition.

The facility is located adjacent to one of Sydney’s largest shopping centres. It’s added strength of location is
that it is within 200 meters of all the Hornsby based Ophthalmologists consulting rooms.

PMA are excited for the opportunity that this facility presents to be part of the Group and to be a leading
Day Hospital in the greater Hornsby area.


Johannesburg
8 June 2017

Designated Advisor
Grindrod Bank Limited

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