Trading statement for the six months ended 30 June 2019 Brainworks Limited (Incorporated in the Republic of Mauritius) (Registration number: 115883 C1/GBL) Share Code: BWZ ISIN: MU0548S00000 (“the Company” or “Brainworks”) Trading statement for the six months ended 30 June 2019 In compliance with paragraph 3.4(b) of the Listings Requirements of the JSE Limited, a listed company is required to publish a trading statement as soon as it is satisfied that a reasonable degree of certainty exists that the financial results for the next period to be reported on will differ by at least 20% from those of the previous corresponding period. Shareholders are hereby advised that, for the six months ended 30 June 2019, when compared to the six months ended 30 June 2018 (“HY2018”): • earnings per share of the Company are expected to be between 3.05 and 3.66 US cents per share being a decrease of between 50.6% and 59% from the earnings per share of 7.41 US cents reported for HY2018; and • headline earnings per share are expected to be between 4.12 and 4.24 US cents per share, being an improvement of 753% and 773% from the headline loss per share of 0.63 US cents reported for HY2018. The financial information contained in this announcement has not been audited, reviewed or reported upon by the Company’s external auditors. Brainworks’ results for the six months ended 30 June 2018 are expected to be released on or about 30 September 2019. Grand Baie, Mauritius 27 September 2019 Sponsor Questco Corporate Advisory Proprietary Limited Date: 27/09/2019 03:29:00 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.