Year end results Crookes Brothers Limited (Incorporated in the Republic of South Africa) (Registration number 1913/000290/06) Share code: CKS ISIN: ZAE000001434 (“Crookes Brothers” or “the Company”) Summarised Results for the Year-Ended 31 March 2020 The Crookes Brothers Board (“the Board”) is pleased to present a summary of the Company’s results for the year ended 31 March 2020. Salient Features Year-ended 31 Year-ended 31 March 2020 March 2019 % Change R000 R000 Total revenue 6 703 677 665 693 Net asset value per share 1 6 983 6 942 Basic earnings (cents per share) (66) 57,2 167,6 Headline earnings (cents per share) (133) (48,5) 145,0 Weighted average number of ordinary shares - 15 264 317 15 264 317 Cash generated from operations (27) 86 188 117 948 The information in the short form announcement has been extracted from the audited financial statements for the year ended 31 March 2020. This announcement itself has not been audited. The Board continues to maintain a conservative dividend policy and has taken the decision not to declare a final dividend (2019: nil). Full announcement This short-form announcement is the responsibility of the Directors of the Company and it is only a summary of the information in the full announcement and does not contain full or complete details, which is available for viewing on the following websites: Company’s website: www.cbl.co.za JSE website: https://senspdf.jse.co.za/documents/2020/jse/isse/cks/cbl2020.pdf The consolidated and company annual financial statements were audited by Deloitte & Touche who issued an unmodified audit opinion on these financial statements. Their audit opinion, together with the accompanying financial statements, can be viewed on the Company's website, which also provides more details on the key audit matters on pages 9-10 of the annual financial statements. Any investment decision by investors and/or shareholders should be based on consideration of the full announcement, copies of which are also available for inspection at our offices and our sponsor’s offices on workdays during business hours, at no charge. Mount Edgecombe 03 July 2020 Sponsor: Sasfin Capital (a member of the Sasin Group) Page 1 of 1 Date: 03-07-2020 05:43:00 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.