MONTAUK HOLDINGS LIMITED - Trading Statement

Trading Statement

MONTAUK HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2010/017811/06)
(Share code: MNKI & ISIN: ZAE000197455)
("MNK" or "the company")

TRADING STATEMENT

In terms of section 3.4 (b) of the JSE Limited Listings Requirements,
companies are required to publish a trading statement as soon as they are
reasonably certain that the financial results for the current reporting
period will be more than 20% different to that of the previous corresponding
period.

Shareholders are referred to the announcement released by the Company on SENS
on 4 December 2019 that it had changed its year end to 31 December, the first
year end subject to the amended year end date therefore being 31 December
2019. The Company is reporting its interim results for the six months ended
30 June 2020, with comparative results consisting of the six months ended 30
September 2019. Shareholders are therefore advised to take note of the
disparity in reporting periods when considering the Company’s forthcoming
results.

Shareholders are hereby advised that a reasonable degree of certainty exists
that for the six months ended 30 June 2020, the Company will report a basic
loss per share of between 0.19 and 0.29 US cents, as compared to the prior
comparative period basic earnings per share of 0.93 US cents. Headline loss
per share is expected to be between 0.42 and 0.51 US cents, as compared to
the prior comparative period headline earnings per share of 0.96 US cents.

The above information has not been reviewed or reported on by the Company`s
auditors. The Company`s results are expected to be published on or about 12
August 2020.

Cape Town
07 August 2020

Sponsor:
Investec Bank Limited

Date: 07-08-2020 12:25:00
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