MUSTEK LIMITED - Updated trading statement

Updated trading statement

  MUSTEK LIMITED
  (Incorporated in the Republic of South Africa)
  (Registration number 1987/070161/06)
  Share code: MST
  ISIN: ZAE000012373
  (“Mustek” or “the company”)

UPDATED TRADING STATEMENT
Shareholders are referred to the trading statement published on SENS on 26 January 2018 where it
was announced that for the six months ended 31 December 2017, Mustek’s headline earnings per
share and basic earnings per share are expected to be at least 20% higher than the headline
earnings per share of 37,34 cents and the basic earnings per share of 37,24 cents reported in the
previous corresponding period.

The company now has reasonable certainty to provide the range required in terms of Paragraph
3.4(b)(iii)(2) of the JSE Limited’s Listings Requirements.

In light of the above, Mustek’s shareholders are informed that, for the six months ended 31 December
2017, Mustek’s headline earnings per share is expected to be between 50% and 60% higher than the
previous corresponding period at between 56,01 cents and 59,74 cents (31 December 2016: 37,34
cents). Basic earnings per share is expected to be between 50% and 60% higher than the previous
corresponding period at between 55,86 cents and 59,58 cents (31 December 2016: 37,24 cents).

Net asset value per share is expected to be between 1 265 cents and 1 275 cents, compared to 1
067,57 cents as at 31 December 2016.

The above information has not been reviewed or reported on by the company’s auditors. The
company expects to release its interim financial results for the six months ended 31 December 2017
on SENS on or about 22 February 2018.


Midrand
9 February 2018


                                               Sponsor
                     Deloitte & Touche Sponsor Services (Proprietary) Limited
                            (Incorporated in the Republic of South Africa)
                                (Registration number 1996/000034/07)

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