Trading statement ANCHOR GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number 2009/005413/06) Share code: ACG ISIN: ZAE000193389 (“Anchor” or “the Company”) TRADING STATEMENT Shareholders are advised that the earnings per share (“EPS”) and headline earnings per share (“HEPS”) for the year ended 31 December 2019 (“2019 financial year”), when compared to the year ended 31 December 2018 (“2018 financial year”), are expected to be as reflected in the table below: Year ended Year ended 31-Dec-19 31-Dec-18 Total operations: EPS (cents) 43,1 -118,3 Diluted EPS (cents) 42,7 -117,7 HEPS (cents) 37,7 12,8 Diluted HEPS (cents) 37,5 12,7 The significant increase in EPS and HEPS is due to Anchor earning a once-off termination fee in respect of the Astoria investment management agreement during the 2019 financial year. The 2018 financial year results contained a significant loss from discontinued operations, which has not been carried through to the 2019 financial year. 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 year ended 31 December 2019 will be released on or about 30 March 2020. 27 March 2020 Designated advisor Java Capital Date: 27-03-2020 03:15:00 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.