Trading Statement -ESR ESOR LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1994/000732/06) JSE code: ESR ISIN: ZAE000184669 (“Esor” or “the Company”) TRADING STATEMENT In terms of paragraph 3.4 of the listings requirements of the JSE Limited, companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the period to be reported on will differ by more than 20% from that of the previous corresponding period. Esor is currently finalising its interim financial results for the six months ended 31 August 2017 and shareholders are advised that the company expects basic earnings per share to be between 0.26 and 0.62 cents (based on 463 737 775 weighted average shares in issue) compared to a basic earnings per share of 2.05 cents from the previous corresponding period (based on 364 941 418 weighted shares in issue) representing a decrease between 70% and 88%. The Company expects headline earnings per share to be between 0.22 and 0.60 cents compared to headline earnings per share of 2.15 cents from the previous corresponding period, representing a decrease between 72% and 90%. Compared to the February 2017 headline loss of 24,4 cents, the H1 2018 profit represents a significant improvement in financial performance despite the difficult market conditions. The financial information on which this trading update is based has not been reviewed or reported on by the company’s auditors. The company’s interim financial results for the six months ended 31 August 2017 are expected to be released on SENS during the week ending 3 November 2017. Germiston 17 October 2017 Sponsor Vunani Corporate Finance Date: 17/10/2017 03:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.