HOSKEN PASSENGER LOGISTICS AND RAIL LIMITED - Trading Statement

Trading Statement

HOSKEN PASSENGER LOGISTICS AND RAIL LIMITED
(Previously Niveus Invest 17 Proprietary Limited)
(Incorporated in the Republic of South Africa)
Registration number: 2015/250356/06
Share code: HPR
ISIN: ZAE000255907
(“HPLR” or the “Company”)

TRADING STATEMENT

In terms of paragraph 3.4(b)(i) of the JSE Limited (“JSE”) Listings Requirements, 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 period to be reported on next will
differ by at least 20% from the results of the previous corresponding reporting period.

HPLR is in the process of finalising its financial results for the year ended 31 March 2018.
These will be the Company’s maiden results as a JSE listed company.

Shareholders are hereby advised that a reasonable degree of certainty exists that the
Company will report earnings per share (“EPS”) and headline earnings per share (“HEPS”) of
between 74 and 88 cents for the year ended 31 March 2018. The EPS and HEPS calculations
are based on a weighted number of shares in issue of 290 000 000.

HPLR was dormant at its previous year-end, being 31 March 2017 (prior to listing on the JSE),
and as a result the Company reported no earnings or headline earnings during the year ended
31 March 2017. For further information regarding the restructuring of HPLR in anticipation of
the listing, kindly refer to the Company’s pre-listing statement dated 15 March 2018, as
available on HPLR’s website at www.hplr.co.za.

The Company expects to release its financial results for the year ended 31 March 2018 on or
about 23 May 2018.

The above financial information is the responsibility of the directors and has not been reviewed
or reported on by the Company’s external auditors.

Cape Town
17 May 2018

Sponsor
PSG Capital

Date: 17/05/2018 02:45:00 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.