Trading statement and late release of year-end results ELLIES HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2007/007084/06) JSE share code: ELI ISIN: ZAE000103081 ("Ellies" or the "Company") TRADING STATEMENT AND LATE RELEASE OF YEAR-END RESULTS Trading statement Shareholders are referred to the announcement dated 24 July 2019, in which the Company advised that Ellies expected a loss per share ("LPS") for the year ended 30 April 2019 of between 3,8 cents and 5,1 cents per share when compared to the earnings per share ("EPS") of 6,84 cents per share for the year ended 30 April 2018. The Company further advised that Ellies expected a headline loss per share ("HLPS") for the year ended 30 April 2019 of between 3,0 cent and 4,5 cents compared to the headline earnings per share ("HEPS") of 7,89 cents per share for the year ended 30 April 2018. Ellies is now in a position to advise shareholders that the LPS for the year ended 30 April 2019 will now be between 3,2 cents and 4 cents per share and HLPS for the year ended 30 April 2019 will be between 2,6 cents and 3,2 cents per share. The forecast financial information on which this trading statement is based has not been reviewed or reported on by the Company´s external auditors. Late release of year-end results Shareholders are further advised that the release of the Company's results for the year ended 30 April 2019 ("results") will be delayed due to delays in the finalisation of key audit matters. It is anticipated that the results will be released on or about Monday, 5 August 2019. 31 July 2019 Sponsor Java Capital Date: 31/07/2019 05:20:00 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.