ELLIES HOLDINGS LIMITED - Trading Statement

Trading Statement

ELLIES HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2007/007084/06)
JSE share code: ELI ISIN: ZAE000103081
(“Ellies” or the “company”)


TRADING STATEMENT


In terms of the Listings Requirements of the JSE Limited, companies are required to publish a trading statement
as soon as they are satisfied that a reasonable degree of certainty exists that the financial results for the period
to be reported upon next will differ by at least 20% from the previous corresponding period.

Shareholders are advised that Ellies expects that its loss per share (“LPS”) for the year ended 30 April 2017 will
be between 38 cents per share and 47 cents per share, being between 46.45% and 56.71% lower, compared
to the LPS of 87.78 cents for the year ended 30 April 2016. Headline loss per share (“HLPS”) for the year ended
30 April 2017 is expected to be between 5 cents per share and 11 cents per share, being between 80.82% and
91.28% lower compared to the HLPS of 57.35 cents for the year ended 30 April 2016.

The above LPS is made up of a loss in the Infrastructure segment of between 5 and 10 cents per share, a loss
in the Consumer segment of between 6 and 11 cents per share and a loss in the Group segment (deconsolidation
effects and where the group assumes liabilities for group guarantees) of between 25 and 30 cents per share.

The LPS and HLPS calculations are based on the following number of weighted average shares in issue:
   - for the year ended 30 April 2017 – 620 158 235;
   - for the year ended 30 April 2016 – 620 158 235.

Ellies audited results for the year ended 30 April 2017 are expected to be released on SENS on or about
28 July 2017.

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

18 July 2017


Sponsor
Java Capital

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