Trading Statement Sebata Holdings Limited Incorporated in the Republic of South Africa (Registration number 1998/003821/06) Share code: SEB ISIN: ZAE000260493 (“Sebata” or “the Company”) TRADING STATEMENT In terms of the Listings Requirements, 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 six months ended 30 September 2019 by management has indicated that: - basic loss per share is expected to be between 102.72 cents and 111.84 cents compared to the basic earnings per share of 182.50 cents for the six months ended 30 September 2018; - headline loss per share is expected to be between 48.35 cents and 49.39 cents compared to the headline earnings per share of 20.76 cents for the six months ended 30 September 2018; - continued basic loss per share is expected to be between 117.51 cents and 126.19 cents compared to the continued earnings per share of 173.77 cents for the six months ended 30 September 2018; and - continued headline loss per share is expected to be between 63.14 cents and 63.74 cents compared to the continued headline earnings per share of 12.03 cents for the six months ended 30 September 2018. The financial information on which this trading statement is based has not been reviewed or reported on by the Company’s auditors. Sebata’s financial results are expected to be released on SENS on or about 23 December 2019. Johannesburg 19 December 2019 Sponsor Merchantec Capital Date: 19-12-2019 02:41:00 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.