Trading Statement EXTRACT GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number 1998/011672/06) JSE share code: EXG ISIN: ZAE000246013 (“eXtract” or “the Company”) TRADING STATEMENT In terms of the Listings Requirements of the JSE Limited, companies are required to publish a trading statement as soon as a reasonable degree of certainty exists that the financial results for the period to be reported on next will differ by at least 20% or more from the financial results of the previous corresponding reporting period. The Company changed its year end to 31 August 2017, being a 14-month period. The previous corresponding reporting period, for the purposes of this trading statement is for the period ended 30 June 2016 (“the previous corresponding period”). The previous corresponding period included the Industrial Equipment and Fleet Management and Logistics businesses for the period of 12 months, compared to only four months of trading included in the 14 months ended 31 August 2017. The restructure and recapitalisation of eXtract (“the restructure”), approved by shareholders on 10 August 2017 has been fully implemented and eXtract is in the process of exiting all its current contract mining contracts, and disposing of further excess assets and changing its strategic direction to an investment fund. This has led to a reduced loss and headline loss per share. Shareholders are accordingly advised that the Company expects that the headline loss per share for the year ended 31 August 2017 will be 14.7 cents per share being 50.84% lower than the headline loss of 29.9 cents per share for the previous corresponding period. The loss per share for the year ended 31 August 2017 is expected to be 423.2 cents per share being 26.63% lower than the loss of 576.8 cents per share in the previous corresponding period. The financial information on which this trading statement is based has not been reviewed and reported on by eXtract’s external auditors. The annual financial results are expected to be released on or about 29 November 2017. 22 November 2017 Sponsor Java Capital Date: 22/11/2017 05:32:00 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.