Trading statement Marshall Monteagle PLC (Incorporated in Jersey) (Registration number: 102785) (External registration number: 2010/024031/10) JSE Code: MMP ISIN: JE00B5N88T08 (“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 become reasonably certain that the financial results for the period to be reported on next will differ by at least 20% from those of the previous corresponding period. Shareholders are advised that the Company expects the following to be reported for the year ended 30 September 2017 (“2017 Year End Results”): - earnings per share (“EPS”) to be between 13 US cents and 14.8 US cents being between 47.95% and 67.95% higher than the EPS for the year ended 30 September 2016 (“the Comparative Period”) of 8.8 US cents; and - headline earnings per share (“HEPS”) to be between 12.4 US cents and 12.8 US cents being between 437.83% and 457.83% higher than that for the Comparative Period of 2.3 US cents. The financial information on which this trading statement is based has not been reviewed or reported on by the Company’s auditors. The 2017 Year End Results are expected to be published on or about 21 December 2017. 19 December 2017 Sponsor Sasfin Capital (a member of the Sasfin group) Date: 19/12/2017 02:20:00 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.