Trading statement METAIR INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) Registration number: 1948/031013/06 ISIN: ZAE000090692 JSE share code: MTA (“Metair”) TRADING STATEMENT In terms of paragraph 3.4(b) of the JSE Limited 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 upon next, will differ by at least 20% from the financial results for the previous corresponding period. Metair is in the process of finalising its results for the year ended 31 December 2018 (“Results”) and shareholders are accordingly advised that Metair expects to report: - headline earnings per share of between 14% and 17% higher (between 320 cents and 330 cents per share) than the 281 cents per share for the previous corresponding period; and - earnings per share of between 14% and 21% higher (between 320 cents and 340 cents per share) compared to the 281 cents per share for the previous corresponding period. The financial information, on which this trading statement is based, has not been reviewed or reported on by Metair’s external auditors. The Results are expected to be published on or about Thursday, 14 March 2019. 19 February 2019 Johannesburg Sponsor One Capital Date: 19/02/2019 01:10:00 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.