Trading statement and trading update York Timber Holdings Limited Incorporated in the Republic of South Africa) (Registration number 1916/004890/06) Share code: YRK ISIN: ZAE000133450 (“York” or “the Company”) TRADING STATEMENT AND TRADING UPDATE York is in the process of finalising its results for the year ended 30 June 2018 for release prior to 30 September 2018. In terms of paragraph 3.4(b) of the Listings Requirements of the JSE Limited, 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 previous corresponding period. Shareholders are advised that earnings per share (“EPS”) and headline earnings per share (“HEPS”) are expected to decrease from 116.0 cents to between 40.6 cents and 46.4 cents, for the year ended 30 June 2018. EPS and HEPS are expected to be between 60% and 65% lower than the previous corresponding period, as a result of the fair value adjustment on biological assets being lower than in the previous financial year. Furthermore, Shareholders are advised that: - The biological asset valuation at 30 June 2018 is likely to be between 2% and 4% higher than the balance of R2.8 billion at the previous corresponding period. - Core earnings per share (based on EPS attributable to ordinary shareholders less the fair value adjustment to the biological assets, net of tax) are expected to increase from 17.0 cents to between 26.9 cents and 27.9 cents. This is as a result of an increase in operating profit due to a reduction in external log purchases. - Earnings before interest, taxation, depreciation, amortisation and fair value adjustments are expected to be between 8% and 13% higher than the amount in the previous financial year of R246.1 million. Shareholders are advised that the information included in this announcement has not been reviewed or reported on by the Company’s auditors and is the responsibility of the directors of the Company. Sabie, Mpumalanga 12 September 2018 Sponsor One Capital Date: 12/09/2018 12:35:00 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.