Trading statement KAYDAV GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number 2006/038698/06) JSE share code: KDV ISIN: ZAE000108940 (“KayDav” or “the Group” “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 they are satisfied that a reasonable degree of certainty exists that the financial results for the current reporting period will differ by at least 20% from the financial results for the previous corresponding period. The earnings expectation for the year ended 31 December 2017, set out below, represents KayDav’s best estimate at this time and shareholders are advised that KayDav is not able to provide, with a reasonable degree of certainty, a specific percentage and numbers, or range and numbers, to describe the difference in the financial results for such period. Once the company obtains reasonable certainty in this regard it will issue a further trading statement. On 22 August 2017 KayDav reported a loss per share of 0.6 cents and a headline loss per share of 0.7 cents for the six months ended 30 June 2017. Earnings have since improved due to the normal seasonal increase in sales activity and decrease in bad debts. KayDav now expects to report earnings and headline earnings per share of at least 5.0 cents for the year ended 31 December 2017. However, profitability will still be well below the earnings and headline earnings per share of 15.8 cents and 15.9 cents respectively for the year ended 31 December 2016. The information on which this trading statement has been based has not been reviewed or reported on by KayDav’s auditors. The audited results for the year ended 31 December 2017 are anticipated to be released by 31 March 2018. 12 December 2017 Sponsor Java Capital Date: 12/12/2017 05:10:00 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.