BASIL READ HOLDINGS LIMITED 
By
Shareholders are advised that Basil Read expects its earnings per share for the six months ending 30 June 2014 to be a minimum of 135% lower compared to the previously reported corresponding period.
Shareholders are further advised that Basil Read expects its headline earnings
per share for the six months ending 30 June 2014 to be a minimum of 270%
lower compared to the previously reported corresponding period.
The comparative results to June 2013 include the profit on disposal of the TWP
group in the amount of R183 million.
Earnings and headline earnings have been negatively affected by loss-‐making contracts in the roads and civil engineering divisions due to ongoing challenging conditions. For certain of these contracts, the group is currently finalising claims to be submitted, but has not included any of these claims and/or possible penalties in projecting the estimated earnings and headline earnings decline.
The financial information on which this trading statement is based has not been
reviewed or reported on by Basil Read's auditors.
The group's interim results for the six months ending 30 June 2014 will be
published on or about 27 August 2014.
Shareholders are referred to the results announcement on 26 March 2014 in
which the group indicated that deliberations regarding a possible dividend were continuing. Shareholders are now advised that the board has decided not to declare a dividend in relation to the year ended 31 December 2013.
Johannesburg
06 June 2014
JSE Sponsor
Macquarie First South Capital (Pty) Limited
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