Trading statement SOVEREIGN FOOD INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) Registration Number 1995/003990/06 JSE Code: SOV ISIN: ZAE000009221 (“Sovereign” or the “Company”) 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 with a reasonable degree of certainty that the financial results of the period to be reported upon will differ by 20% or more from the financial results of the previous corresponding period. Sovereign shareholders are advised that the Company’s earnings per share (“EPS”) and headline earnings per share (“HEPS”) for the 6 months ended 31 August 2017 are expected to be a least 204.8 cents higher than the loss per share and headline loss per share of 48.8 cents for the previous corresponding period, resulting in a minimum EPS and HEPS of 156.0 cents. Once the Company has more certainty in regard to the expected EPS and HEPS, a further trading statement will be published on SENS. The Company’s auditors have not reviewed or reported on the financial information on which this trading statement is based. Port Elizabeth 3 October 2017 Sponsor One Capital Date: 03/10/2017 04:46:00 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.
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