SABVEST CAPITAL LIMITED - Updated trading statement for the six months ended 30 June 2021

Updated trading statement for the six months ended 30 June 2021

SABVEST CAPITAL LIMITED
(Incorporated in South Africa)
(Registration number 2020/030059/06)
Share code: SBP
ISIN: ZAE000283511
("Sabcap" or "the Company")

UPDATED TRADING STATEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2021

Shareholders are referred to the trading update and preliminary trading statement released on the Stock
Exchange News Service ("SENS") on 1 July 2021 in which they were advised that a further trading
statement with specific ranges for the Company's reporting metrics would be published during August
2021, in advance of the release of Sabcap's interim financial results.

In terms of the Listings Requirements of the JSE Limited, companies are required to publish a trading
statement as soon as they are satisfied that a reasonable degree of certainty exists that the financial
results for the period to be reported on next will differ by 20% or more from the financial results of the
previous corresponding reporting period.

Shareholders are advised that the financial results of Sabcap for the six months ended 30 June 2021 are
expected to be within the following estimates:

                                                                          Expected            Unaudited
                                                                       6 Months to          6 Months to
                                                       Expected         30/06/2021           30/06/2020
                                                       % change              cents                cents

 Net asset value per share                     + 23,5 to + 25,2       8180 to 8290                 6624
 Headline earnings per share                          > + 100,0         740 to 815              (387,4)
 Earnings per share                                   > + 100,0         740 to 815              (387,5)
 Dividends per share                                    + 100,0                 20                   10



The estimated financial information as contained in this trading statement has not been reviewed or
reported on by Sabcap's external auditors. Sabcap's unaudited financial results for the six months ended
30 June 2021 are expected to be released on SENS on or about 20 August 2021.

Sandton
13 August 2021

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 13-08-2021 08:00:00
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