Basil Read Holdings Limited

(Incorporated in the Republic of South Africa) Registration Number 1984/007758/06

Share Code: BSR ISIN: ZAE000029781

("Basil Read" or "the Company")

TRADING STATEMENT

In terms of the Listings Requirements of JSE Limited, companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the period to be reported on will differ by at least 20% from that of the previous corresponding period.

Shareholders are advised that Basil Read's headline earnings per share for the six months ended 30 June 2016 is expected to be between 44 cents per share and 51 cents per share or between 18.5% and 37.4% higher compared to the 37.13 cents per share for the previously reported corresponding period. The difference in earnings per share is expected to be below the reporting threshold.

The financial information on which this trading statement is based has not been reviewed or reported on by Basil Read's external auditors.

The results for the six months ended 30 June 2016 are expected to be released on or about 23 August 2016.

Boksburg

15 August 2016

Company Secretary Andiswa T Ndoni

JSE Sponsor

Grindrod Bank Limited

Basil Read Holdings Limited published this content on 15 August 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 22 August 2016 13:19:01 UTC.

Original documenthttp://www.basilread.co.za/downloads/sens/2016/15August/Trading Update 20160816.pdf

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