Unaudited Interim Results For The Six Months Ended 30 June 2020 TRENCOR LIMITED (Incorporated in the Republic of South Africa) (Registration No 1955/002869/06) Share Code: TRE ISIN: ZAE000007506 (“Trencor” or “the company”) UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2020 This short-form announcement is the responsibility of the directors and represents a summary of the information contained in the full announcement, which can be accessed at https://senspdf.jse.co.za/documents/2020/JSE/ISSE/TRE/interim620.pdf and is available on the company’s website (www.trencor.net). The full announcement is also available from the registered office of the company and at the offices of the sponsor, at no charge, during business hours. Any investment decisions by investors and shareholders should be based on consideration of the full announcement. FINANCIAL RESULTS Unaudited Unaudited Audited Year ended Six months ended 30 June 31 December 2020 2019 Change 2019 R million R million R million R million Profit/(Loss) attributable to shareholders 20 6 14 (456) Cents Cents Cents Cents Basic earnings/(loss) per share 12 3 9 (263) Headline earnings/(loss) per share 12 (9) 21 (14) Consolidated net asset value per share attributable to shareholders 930 3 576 (2 646) 1 225 DIVIDEND For the reasons outlined in the Joint Report by the Chairman and Chief Executive Officer in Trencor’s 2019 integrated annual report, no dividend has been declared. On behalf of the board Hennie van der Merwe Chief Executive Officer 17 August 2020 Directors: David Nurek (Chairman), Eddy Oblowitz, Ric Sieni* (Financial), Roddy Sparks, Hennie van der Merwe* (CEO) (* Executive) Secretaries: Trencor Services Proprietary Limited Registered Office: 13th Floor, The Towers South, Heerengracht, Cape Town 8001 Transfer Secretaries: Computershare Investor Services Proprietary Limited, Rosebank Towers, 15 Biermann Avenue, Rosebank 2196 (Private Bag X9000 Saxonwold 2132) Sponsor: Investec Bank Limited, 100 Grayston Drive, Sandown, Sandton 2196 Date: 17-08-2020 09:00:00 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.