Trading statement ANDULELA INVESTMENT HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1950/037061/06) JSE share code: AND ISIN: ZAE000172870 (“Andulela” or “the company”) TRADING STATEMENT In terms of the JSE Listings Requirements, 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 financial results for the previous corresponding period. Accordingly, shareholders are advised that Andulela expects that its loss and diluted loss per share for the six months ended 30 June 2018 will be between 9.59 and 11.50 cents per share, compared to the loss and diluted loss of 297.28 cents per share for the six months ended 30 June 2017, which included an impairment of goodwill of R300 million in respect of that period. The headline loss and diluted headline loss per share are not expected to differ by more than 20% from the headline and diluted headline loss per share reported for the same period in 2017. The financial information on which this trading statement is based has not been reviewed or reported on by the company’s auditors. The financial results for the six months ended 30 June 2018 are expected to be released on or about 28 September 2018. Johannesburg 17 September 2018 Sponsor: Bridge Capital Advisors Proprietary Limited Date: 17/09/2018 11:50:00 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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