MINE RESTORATION INVESTMENTS LIMITED - Trading Statement in respect of the years ended 29 February 2016 and 28 February 2017

Trading Statement in respect of the years ended 29 February 2016 and 28 February 2017

MINE RESTORATION INVESTMENTS
LIMITED
Incorporated in the Republic of South Africa
(Registration No. 1987/004821/06)
Share Code: MRI
ISIN: ZAE000164562
("MRI" or “the Company”)

TRADING STATEMENT IN RESPECT OF THE YEARS ENDED 29 FEBRUARY 2016 AND
28 FEBRUARY 2017

In terms of the JSE Limited (“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 for the period to be reported upon next will differ by at least 20% from those of the
previous corresponding reporting period.

The last annual financial statements released by MRI are in respect of the financial year ended
28 February 2015. MRI is now in the process of finalising its annual financial results in respect of the
financial years ended 29 February 2016 and 28 February 2017.

Shareholders are hereby advised that, in respect the 12 months ended 29 February 2016 and
28 February 2017, the earnings per share (“EPS”) and headline earnings per share (“HEPS”) are
expected to be as follows, as compared to the EPS and HEPS in respect of the 2015 financial year –

                    28-Feb-15                    29-Feb-16                          28-Feb-17

                      Actual          Cents per        % change (1)      Cents per        % change (2)
                                       share                              share

EPS                    0.74             (3.35)               553%          (0.12)               96%

Diluted EPS            0.73             (3.31)               553%          (0.12)               96%

HEPS                   2.27             (0.68)               130%          (0.12)               82%

Diluted HEPS           2.25             (0.67)               130%          (0.12)               82%

Notes:
 
(1) % change as compared to the financial results for the year ended 28-Feb-15, being the
        corresponding period in respect of the 2016 financial year.

(2) % change as compared to the financial results for the year ended 29-Feb-16, being the
        corresponding period in respect of the 2017 financial year.

It is expected that MRI will release its annual financial results in respect of the years ended
29 February 2016 and 28 February 2017, on or about 13 October 2017.

The financial information on which this trading statement is based has not been reviewed or reported
on by the Company’s external auditors.
Johannesburg

5 October 2017

Designated Advisor
Questco Corporate Advisory (Pty) Ltd

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