PBT GROUP LIMITED - Trading Statement for the Year Ended 31 March 2017

Trading Statement for the Year Ended 31 March 2017

PBT Group Limited
(Formerly Prescient Limited)
(Incorporated in the Republic of South Africa)
(Registration number: 1936/008278/06)
JSE Share code: PBG
ISIN: ZAE000227781
("PBT Group" or “the Company”)

TRADING STATEMENT FOR THE YEAR ENDED 31 MARCH 2017

In terms of paragraph 3.4 of the JSE Listings Requirements, companies are required to publish a trading
statement as soon as they are satisfied with a reasonable degree of certainty that the financial results of the
period to be reported upon will differ by 20% or more from the financial results of the previous corresponding
period.

Shareholders of the PBT Group are advised that the results from continuing and discontinued operations are
expected to be as follows:

                                      31 March 2017                          31 March 2016 (restated)

Continuing operations

Earnings per share and diluted        Between -1.50 cents and -1.70          0.88 cents per share
earnings per share                    cents per share

Headline earnings per share and       Between 1.05 cents and 1.10            0.99 cents per share
diluted headline     earnings   per   cents per share reflecting an
share                                 increase of between 6% and 11%
                                      per share.

                                      31 March 2017                          31 March 2016 (restated)

Discontinued operations

Earnings per share and diluted        Between 73 cents and 80 cents          5.81 cents per share
earnings per share                    per share

Headline earnings per share and       Between 5.50 cents and 5.80            5.81 cents per share
diluted headline     earnings   per   cents   per   share   reflecting a     
share                                 decrease of between 5% and
                                      0.2% per share.

These results have been impacted by:

    -   During the 2017 financial year, the Company entered into a transaction with Stellar Capital Partners
        Limited for the disposal of Prescient Holdings Proprietary Limited out of the PBT Group. Prescient
        Holdings Proprietary Limited has been reclassified as a discontinued operation and the 2016 figures
        have been restated to reflect this.
    -   Additional costs incurred relating to the transaction Stellar Capital Partners Limited and Prescient
        Holdings Proprietary Limited.
    -   Impairment of a portion of goodwill.
    -   The expected decrease in earnings is primarily due to the negative trading conditions in the Middle
        East / Africa component of the PBT Group.

The financial information on which this trading statement is based has not been reviewed by the Company’s
auditors. The Company’s financial results will be released on or about 30 June 2017.

By order of the board of directors.

Cape Town
29 June 2017
Sponsor: Bridge Capital Advisors Proprietary Limited

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