SYGNIA LIMITED - Trading statement

Trading statement

SYGNIA LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2007/025416/06)
Share code on the JSE: SYG
ISIN: ZAE000208815
("Sygnia")

TRADING STATEMENT

In terms of the Listings Requirements of the JSE Limited, a listed company is required to publish a trading statement as soon as it
becomes aware that the financial results for the financial period to be reported on next will vary by 20% or more from those of the
previous comparable period.

Accordingly, shareholders are hereby advised that a reasonable degree of certainty exists that the Company’s earnings per share
(“EPS”) and headline earnings per share (“HEPS”) for the year ended 30 September 2017 will be between 66.5 cents and 70.0 cents
per share compared to EPS of 55.71 cents and HEPS of 55.72 cents (restated from 56.82 cents and 56.83 cents respectively as a
result of the rights issue in August 2017) achieved for the prior corresponding period. This translates into an expected increase
between 19% and 26% for EPS and HEPS on the basis of restated measures (with an increase between 17% and 23% when using
the original published EPS and HEPS).

The financial information on which this trading statement is based has not been reviewed and reported on by Sygnia’s auditor.

The financial results for the year ended 30 September 2017 are expected to be published on or about 1 December 2017.

By order of the Board


Cape Town
3 November 2017

Sponsor
Nedbank Corporate and Investment Banking

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