Trading Statement CHROMETCO LIMITED (Incorporated in the Republic of South Africa) (Registration number 2002/026265/06) Share code: CMO ISIN: ZAE007020249 ("Chrometco" or "the Company") TRADING STATEMENT In terms of the JSE Limited Listings Requirements, a listed company is required to publish a trading statement as soon as it becomes reasonably certain that the financial results for the next period to be reported on will differ by 20% or more from the financial results for the previous corresponding period. The Company hereby advises that a reasonable degree of certainty exists that for the six- month period ended 31 August 2019 earnings per share and headline earnings per share will decrease by more than 20% compared to the earnings per share and headline earnings per share for the six-month period ended 31 August 2018. Chrometco is currently finalising its results for the six-month period ended 31 August 2019. An expected earnings and headline earnings range will be published when the Company has reasonable certainty pertaining to the results. The financial information on which this trading statement is based has not been reviewed and reported on by Chrometco’s external auditors. Johannesburg 28 November 2019 Designated Advisor PSG Capital Date: 28-11-2019 01:15:00 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.