Further trading statement for the period ended 31 August 2019 Afrimat Limited Incorporated in the Republic of South Africa (Registration number: 2006/022534/06) Share code: AFT ISIN: ZAE000086302 (“Afrimat” or “the Company”) FURTHER TRADING STATEMENT FOR THE PERIOD ENDED 31 AUGUST 2019 Further to the trading statement released on SENS on 18 September 2019, management is satisfied that there is a higher degree of certainty in the financial results for the period ending 31 August 2019. Afrimat therefore wish to advise that earnings per share (“EPS”) for the period ended 31 August 2019 is expected to be between 182.0 cents and 186.8 cents per share, being an increase of between 91% and 96% compared to the earnings of 95,3 cents per share reported by Afrimat for the period ended 31 August 2018 and that headline earnings per share (“HEPS”) for the period ended 31 August 2019 is expected to be between 179.7 cents and 184.4 cents per share, being an increase of between 92% and 97% compared to the headline earnings of 93,6 cents per share reported by Afrimat for the period ended 31 August 2018. The information on which this further trading statement has been based has not been reviewed nor reported on by the Company’s auditors. The financial results for period ended 31 August 2019 are expected to be published on or about 31 October 2019. By order of the board of directors of the Company Cape Town 30 September 2019 Sponsor: Bridge Capital Advisors Proprietary Limited Date: 30/09/2019 03:40:00 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.