ADCOCK INGRAM HOLDINGS LIMITED - Trading statement

Trading statement

Adcock Ingram Holdings Limited
Incorporated in the Republic of South Africa
(Registration number 2007/016236/06)
Share code: AIP ISIN: ZAE000123436
(“Adcock Ingram” or “the Company”)
 
TRADING STATEMENT

In terms of the JSE Limited (“JSE”) Listings Requirements, companies are required to provide guidance to
the market when they are satisfied that a reasonable degree of certainty exists that the financial results for
the current reporting period will differ by at least 20% from the results of the previous corresponding
reporting period. The earnings per share (“EPS”) and headline earnings per share (“HEPS”) reported for the
six-month period ended 31 December 2015 (“previous corresponding reporting period”) was 99.6 cents and
99.8 cents respectively.

Adcock Ingram is currently finalising its results for the six-month period ended 31 December 2016.
Shareholders are advised that during this period, certain non-recurring capital profits arose as a result of the
disposal of the Group’s Indian business. There were also certain non-recurring IFRS 2 charges in the
previous corresponding reporting period.

Accordingly, shareholders are advised that the Company expects EPS for the six-month period ended 31
December 2016 to be not less than 60% (60 cents) higher, relative to the previous corresponding reporting
period. It is further expected that HEPS for the six-month period ended 31 December 2016 will be not less
than 40% (40 cents) higher than the previous corresponding reporting period.

A more defined range for both EPS and HEPS as required by the JSE Listings Requirements will be
announced in a further trading statement in due course.

The financial information on which this trading statement is based has not been reviewed and reported on by
the Company’s external auditors.

Midrand
19 January 2017

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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