COMBINED MOTOR HOLDINGS LIMITED - Voluntary Trading Statement

Voluntary Trading Statement

Combined Motor Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1965/000270/06)
Share code: CMH ISIN: ZAE000088050
(“CMH” or “the Group”)

VOLUNTARY TRADING STATEMENT FOR THE FINANCIAL YEAR ENDED 29 FEBRUARY
2020

CMH hereby advises that a reasonable degree of certainty exists that, for the year ended 29
February 2020, headline earnings per share (“HEPS”) and Earnings per share (“EPS”) are
expected to decrease by between 5% and 15%, resulting in:

-   a HEPS of between 242,7 cents and 271,2 cents per share as compared with a restated
    HEPS (arising from the implementation of IFRS 16: Leases) of 285,5 cents per share for
    the comparative period; and

-   an EPS of between 242,5 cents and 271,0 cents per share as compared with a restated
    EPS (arising from the implementation of IFRS 16: Leases) of 285,3 cents per share for
    the comparative period.

This financial information has not been reviewed nor reported on by the auditors of CMH. The
release of the results for the year ended 29 February 2020 have been delayed as a result of
the lockdown and are expected to be published mid-May 2020.

Durban
15 April 2020

Sponsor
PricewaterhouseCoopers Corporate Finance (Pty) Ltd

Date: 15-04-2020 11:00:00
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.