Trading Statement Sea Harvest Group Limited (Formerly Sea Harvest Holdings Proprietary Limited) (Incorporated in the Republic of South Africa) (Registration number: 2008/001066/06) Share code: SHG ISIN: ZAE000240198 (“Sea Harvest” or “the Company” or “the Group”) Trading statement In accordance with paragraph 3.4 (b) of the Listings Requirements of the JSE Limited (“JSE”), companies are required to publish a trading statement as soon as they are reasonably certain that the financial results for the current period will differ by at least 20% from those of the prior comparative period. Sea Harvest is in the process of finalising its interim financial results for the six months ended 30 June 2018 which is scheduled to be released on or about 28 August 2018. The Group’s headline earnings for the six months ended 30 June 2018 are expected to increase by between 0% and 3%, to between R110.7 million and R114.0 million, compared to the headline earnings of R110.7 million reported for the six months ended 30 June 2017, after absorbing transaction costs relating to the Viking acquisition. Shareholders are advised that the Company expects to report basic earnings per share (“EPS”) for the six months ended 30 June 2018 of between 46 and 50 cents per share, representing a decrease of between 31% and 25%, compared to the EPS of 67 cents per share reported for the six months ended 30 June 2017. Basic headline earnings per share (“HEPS”) for the six months ended 30 June 2018 is expected to decrease by between 20% and 13%, to between 45 and 49 cents per share, compared to the HEPS of 56.6 cents per share reported for the six months ended 30 June 2017. The decrease in EPS and HEPS is mainly attributed to an increase in the weighted average number of shares in issue (“WANOS”) due to the annualised effect of the shares issued at listing on 23 March 2017 being included in the WANOS calculation for only a portion of the period in 2017, compared to the full period in 2018, as well as the non-recurrence of several one-off non-cash benefits in 2017 and transaction costs relating to the Viking acquisition included in 2018. WANOS for the six months ended 30 June 2018 increased to 240,018,063, compared to a WANOS of 195,379,525 for the six months ended 30 June 2017. The financial information on which this trading statement has been based has neither been reviewed nor audited by the Company’s external auditors. Cape Town Friday, 10 August 2018 Sponsor The Standard Bank of South Africa Limited Date: 10/08/2018 08:30:00 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.