Trading Statement for the financial year ended 28 February 2018 Combined Motor Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 1965/000270/06) Share code: CMH ISIN: ZAE000088050 (“CMH”) TRADING STATEMENT FOR THE FINANCIAL YEAR ENDED 28 FEBRUARY 2018 In terms of the Listings Requirements of the JSE Limited, a listed company is required to publish a trading statement as soon as it becomes aware that the financial results for the next period to be reported on will show a 20% or more difference from those of the previous corresponding period. CMH hereby advises that a reasonable degree of certainty exists that, for the year ended 28 February 2018: – Headline earnings per share (“HEPS”) is expected to increase by between 10% and 20%, resulting in a HEPS of between 312.6 cents and 341.0 cents per share as compared with 284.2 cents per share for the comparative period; and – Earnings per share (“EPS”) is expected to increase by between 20% and 30%, resulting in an EPS of between 316.0 cents and 342.3 cents per share as compared with 263.3 cents per share for the comparative period. This financial information has not been reviewed and reported on by the auditors of CMH. The results for the year ended 28 February 2018 are expected to be published on or about 17 April 2018. Durban 19 March 2018 Sponsor PricewaterhouseCoopers Corporate Finance (Pty) Ltd Date: 19/03/2018 10:30:00 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.