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

Correction Announcement - 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
(“the PBT Group”)

CORRECTION ANNOUNCEMENT - TRADING STATEMENT FOR THE YEAR ENDED 31 MARCH 2017

Shareholders are referred to the trading statement for the year ended 31 March 2017 released on the Stock
Exchange News Service on 29 June 2017, wherein it was disclosed that headline earnings per share
(“HEPS”) and diluted HEPS from continuing operations was expected to be between 1.05 cents and 1.10
cents, respectively. Furthermore, shareholders are advised to disregard the HEPS and diluted HEPS from
the previous announcement, in this regard, and to refer to the following correct information:

                                      31 March 2017                          31 March 2016 (restated)
Continuing operations

Headline earnings per share and       Between 0.14 cents and 0.17            0.99 cents per share
diluted headline    earnings   per    cents   per   share   reflecting a
share                                 decrease of between 86% and
                                      83% per share.

The change in the HEPS number was due to the impairment of the withholding tax asset of R14 949 004
classified as an IAS39 asset and any impairment on these assets form part of the HEPS number instead of
taken out of HEPS. This change had a negative effect on headline earnings of 0.92 cents per share.

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

By order of the board of directors.

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

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