Trading Statement GRAND PARADE INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1997/003548/06) Share code: GPL ISIN: ZAE000119814 (“GPI” or “the Company”) TRADING STATEMENT In terms of the JSE Limited Listings Requirements, a listed company is required to publish a trading statement as soon as it becomes reasonably certain that the financial results for the next period to be reported on will differ by 20% or more from the financial results for the previous corresponding period. GPI hereby advises that a reasonable degree of certainty exists that for the year ended 30 June 2018: • basic loss per share will be between 10.98 and 11.86 cents per share, compared to basic earnings per share of 4.39 cents for the previous year ended 30 June 2017. The decrease is largely as a result of the profit on sale of Sun Slots, amounting to R58.8 million, included in the prior year; and • headline loss per share will be between 10.50 and 11.42 cents per share, compared to a headline loss per share of 4.59 cents for the previous year ended 30 June 2017. The financial information on which this trading statement is based has not been reviewed and reported on by GPI’s external auditors. The financial results for the period ended 30 June 2018 will be published on or about 28 September 2018. Cape Town 27 September 2018 Sponsor PSG Capital Date: 27/09/2018 05:30:00 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.