In terms of section 3.4 (b) of the JSE Limited Listings Requirements, companies are required to publish a trading statement as soon as they are reasonably certain that the financial results for the current reporting period will be more than 20% different than that of the previous corresponding period.

Shareholders are hereby advised that a reasonable degree of certainty exists that for the year ended 31 March 2019, the Company will report basic earnings per share of between 772.7 cents and 879.0 cents, being a decrease of between 27.3% and 17.3% as compared to basic earnings per share of 1 062.9 cents for the prior year, and headline earnings per share of between 1 134.4 cents and 1 266.0 cents, being a decrease of between 13.8% and 3.8% as compared to headline earnings per share of 1 316.0 cents for the prior year.

The above information has not been reviewed or reported on by the Company`s auditors. The Company`s results are expected to be published on or about 23 May 2019.