Basil Read Holdings Limited

(Incorporated in the Republic of South Africa) (Registration Number 1984/007758/06) Share Code: BSR ISIN: ZAE 000029781
("Basil Read" or the "Group")

TRADING UPDATE

In accordance with paragraph 3.4(b) of the Listings Requirements of the JSE Limited, a company is required to publish a trading statement as soon as it is satisfied that a reasonable degree of certainty exists, that the financial results for the next period to be reported on are likely to vary by at least 20% from the previous corresponding period.
Shareholders are advised that Basil Read expects its earnings per share for the
12 months ended 31 December 2013 to be between 220 and 250 cents per share compared to the 136.54 cents loss per share for the previously reported corresponding period.
Shareholders are further advised that Basil Read expects its earnings per share from continuing operations for the 12 months ended 31 December 2013 to be between 90 and 100 cents per share compared to the 158.21 cents loss per share for the previously reported corresponding period.
Shareholders are further advised that Basil Read expects its headline earnings per share for the 12 months ended 31 December 2013 to be between 80 and 90 cents per share compared to the 130.84 loss per share for the previously reported corresponding period.
The financial information on which this trading statement is based has not been reviewed or reported on by Basil Read's auditors.
Basil Read intends to publish its annual results for the year ended 31 December
2013 on or about 26 March 2014.
Johannesburg
19 March 2014
JSE Sponsor
Macquarie First South Capital (Pty) Limited

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