HOSKEN CONSOLIDATED INVESTMENTS LIMITED - Trading Statement

Trading Statement

HOSKEN CONSOLIDATED INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1973/007111/06)
(Share code: HCI & ISIN: ZAE000003257)
("HCI" or "the company")

TRADING STATEMENT

In terms of section 3.4 (b) of the JSE Limited Listings Requirements,
companies are required to publish a trading statement as soon as they are
reasonably certain that the financial results for the current reporting
period will be more than 20% different than that of the previous
corresponding period.

Shareholders are hereby advised that a reasonable degree of certainty exists
that for the six months ended 30 September 2017, the Company will report
basic earnings per share of between 640.6 cents and 678.1 cents, being an
increase of between 71.0% and 81.0% as compared to basic earnings per share
of 374.6 cents for the prior comparative period, and headline earnings per
share of between 589.0 cents and 646.2 cents, being an increase of between
3.0% and 13.0% as compared to headline earnings per share of 571.8 cents for
the prior comparative period.

The increase in basic earnings per share is mainly as a result of
consolidated losses on disposal of certain subsidiaries and the impairment of
assets in anticipation of disposal of a subsidiary operation recognised
during the prior comparative period which did not recur in the current
period.

The above information has not been reviewed or reported on by the Company`s
auditors. The Company`s results are expected to be published on or about 22
November 2017.

Cape Town
16 November 2017
Sponsor:
Investec Bank Limited

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