SASFIN HOLDINGS LIMITED - Trading Statement

Trading Statement

Sasfin Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1987/002097/06)
Ordinary share code: SFN                         ISIN: ZAE000006565
Preference share code: SFNP                      ISIN: ZAE000060273
 (“Company” or the “Group”)


TRADING STATEMENT

In terms of paragraph 3.4(b)(i) of the JSE Limited Listings Requirements, shareholders of the
Company are advised of the following expectations with regards to the half year to 31 December
2017:

-   headline earnings per share of between 149 cents and 163 cents, corresponding to a decrease of
    between 45% and 40% in comparison to 271 cents reported for the half year ended 31 December
    2016; and
-   earnings per share of between 136 cents and 148 cents, corresponding to a decrease of between
    49% and 44% in comparison to 267 cents reported for the half year ended 31 December 2016.

The decrease in headline earnings per share and earnings per share for the half year ended
31 December 2017 arose primarily from a large credit event related to a single client and an increase
in the tax expense as a result of once-off changes in deferred tax assets and liabilities, substantially
because of changes in tax legislation. These items collectively had a net negative impact on the
Group’s headline earnings and earnings per share of 147 cents.

The information in this trading statement has not been reviewed or reported on by the Company’s
auditors.

The results for the half year ended 31 December 2017 are expected to be published on or about 20
March 2018.

Johannesburg
6 March 2018


Sponsor
Sasfin Capital (a member of the Sasfin group)


Independent Sponsor
Deloitte & Touche Sponsor Services (Pty) Ltd

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