BSI STEEL LIMITED - Trading statement

Trading statement

BSI STEEL LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2001/023164/06)
JSE code: BSS
ISIN: ZAE000125134
("the company")


TRADING STATEMENT

In compliance with paragraph 3.4(b) of the JSE Limited Listings
Requirements, shareholders are advised that basic earnings per share
(“EPS”) and headline earnings per share (“HEPS”) for the six month period
ending 30 September 2017 are expected to be at least 40% or 1.7 cents lower
than the previous corresponding period (2016: 4.2 cents for each of EPS and
HEPS).

A further more detailed trading statement will be published in due course.

Shareholders are advised that the information in this trading statement has
not been reviewed or reported on by the company’s auditors and that the
results for the six month period ending 30 September 2017 will be published
before the end of December 2017.

Johannesburg
15 September 2017

Designated Advisor
Sasfin Capital (a member of the Sasfin Group)

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