Trading Statement Alaris Holdings Limited Incorporated in the Republic of South Africa (Registration number 1997/011142/06) Share code: ALH ISIN: ZAE000201554 (“Alaris” 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 more than 20% from that of the previous corresponding period. Accordingly, a review of the financial results for the year ended 30 June 2018 by management has indicated that: the basic earnings per share (“EPS”) is expected to be between 26.28 cents and 30.42 cents, reflecting an increase of between 27% and 47% compared to the EPS of 20.66 cents for the year ended 30 June 2017; the headline earnings per share (“HEPS”) is expected to be between 26.89 cents and 29.81 cents, reflecting an increase of between 84% and 104% compared to the HEPS of 14.61 cents for year ended 30 June 2017; and the normalised earnings per share is expected to be between 28.98 cents and 32.02 cents, reflecting an increase in normalised earnings per share of between 90% and 110% compared to the normalised earnings per share of 15.22 cents for the year ended 30 June 2017. Normalised earnings, as determined by Alaris, is calculated by adjusting profit for (loss)/profit on discontinued operations and profit (net after tax) on the disposal of African Union Communications Proprietary Limited as well as legal and consulting fees for acquisitions and disposals. The financial information on which this trading statement is based has not been reviewed or reported on by Alaris’ auditors. Alaris’ financial results are expected to be released on SENS on or about 10 September 2018. Johannesburg 21 August 2018 Designated Adviser PSG Capital Date: 21/08/2018 01:59:00 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.