Unaudited group condensed interim financial results for the six months ended 31 August 2019 IMBALIE BEAUTY LIMITED (Incorporated in the Republic of South Africa) (Registration number 2003/025374/06) JSE code: ILE ISIN: ZAE000165239 ("Imbalie Beauty” or “the Company" or “the Group”) SHORT-FORM ANNOUNCEMENT: UNAUDITED FINANCIAL RESULTS FOR THE SIX MONTHS ENDED 31 AUGUST 2019 FINANCIAL HIGHLIGHTS 31 August 2019 31 August 2018 Change R’000 R’000 Revenue 18 375 22 410 (18)% Basic earnings per share (cents) (0.02) (0.13) 85% Headline earnings per share (cents) (0.02) (0.13) 85% Note: No dividends have been declared for the six months ended 31 August 2019 or 31 August 2018. Revenue decreased by 18.0% to R18.4 million with gross profit decreasing by 11.1% to R13.2 million. Gross profit margins increased by 9.0% to 72.1% and headline loss per share decreased to 0.02 cents. The Company is in final negotiations to conclude the disposal of its property-owning company; the property with a current fair value of R14.8 million. SHORT-FORM STATEMENT This short-form announcement is the responsibility of the directors. It is only a summary of the information contained in the full announcement and does not contain full or complete details. Any investment decision should be based on the full announcement accessible from Friday, 29 November 2019, via the JSE link and also available on the Company’s website at www.imbaliebeauty.co.za/content/investments Copies of the full announcement may also be requested by contacting Esna Colyn by email at firstname.lastname@example.org and are available for inspection at the Company’s registered office at no charge, weekdays during office hours. The JSE link is as follows: https://senspdf.jse.co.za/documents/2019/jse/isse/ile/int2019.pdf 29 November 2019 Woodmead Designated adviser Exchange Sponsors Date: 29-11-2019 05:37:00 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.