Trading Statement Stefanutti Stocks Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 1996/003767/06) Share code: SSK ISIN: ZAE000123766 (“Stefanutti Stocks” or “the group”) TRADING STATEMENT In terms of paragraph 3.4 (b) of the Listings Requirements of the JSE Limited, the board of directors of Stefanutti Stocks hereby provides shareholders with a trading update of the group’s results for the six months ended 31 August 2017. The group will report an increase in operating profit compared to the prior period. This increase has, however, been impacted by an increase in the effective tax rate. As a result, interim earnings per share and interim headline earnings per share are expected to be between 10% and 20% lower than the corresponding period, translating into interim earnings per share of between 44,46 cents and 50,01 cents per share (August 2016: 55,57 cents) and interim headline earnings per share of between 42,19 cents and 47,46 cents per share (August 2016: 52,73 cents). The financial information on which this trading statement is based has not been reviewed or reported on by the group’s auditors. The release of the results for the six months ended 31 August 2017 is anticipated to be published on 9 November 2017. Johannesburg 18 October 2017 Sponsor: Bridge Capital Advisors Proprietary Limited Date: 18/10/2017 09:00:00 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.