Trading Statement Incorporated in the Republic of South Africa (Registration Number 1959/003254/06) Share code: CRG ISIN: ZAE000001764 ("Cargo " or "the Company") TRADING STATEMENT In accordance with paragraph 3.4(b) of the Listings Requirements of the Johannesburg Stock Exchange, shareholders are advised that for the six-month period ended 31 August 2018: - Earnings per share (“EPS”) movements are expected to be as follows: o Earnings per share (“EPS”) from total operations is expected to be between 74.7 cents per share and 84.05 cents per share, reflecting an increase of between 21% and 36% respectively, when compared to the EPS of 61.80 cents per share reported for the prior comparative period ended 31 August 2017. - Headline earnings per share (‘HEPS”) movements are expected to be as follows: o Headline earnings per share (“HEPS”) is expected to be between 84.42 cents per share and 94.47 cents per share, reflecting an increase of between 26% and 41% respectively, when compared to the HEPS of 67 cents per share reported for the prior period ended 31 August 2017. The financial information on which this trading statement is based has not been reviewed and reported on by the Company’s auditors. The Company expects its results for the period ended 31 August 2018 to be released on SENS on or about 17 October 2018. Johannesburg Date: 16 October 2018 Sponsor Arbor Capital Sponsors Proprietary Limited Date: 16/10/2018 05:02:00 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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