RLO - Reunert Limited - Trading Statement REUNERT LIMITED (Incorporated in the Republic of South Africa) Registration Number: 1913/004355/06 ISIN: ZAE000057428 JSE Code: RLO ("Reunert" or "the Company") TRADING STATEMENT Reunert is currently finalising its results for the six months ended 31 March 2012, which should be released on SENS on or about 28 May 2012. Shareholders are advised that, with a reasonable degree of certainty: - earnings per share will be between 32% and 38% lower; - headline earnings per share will be between 12% and 18% higher; and - normalised headline earnings per share will be between 11% and 17% higher than the corresponding reporting period of the previous year. The decrease in earnings per share is attributable to the abnormal gain of R346,4 million realised on the sale of Reunert`s investment in Nokia Siemens Networks South Africa in January 2011. This transaction was excluded from the calculation of headline and normalised headline earnings per share in the comparable period in the prior year. The forecast financial information on which the trading statement is based has not been reviewed and reported on by the Company`s external auditors. Sandton 2 May 2012 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 02/05/2012 13:01:31 Supplied by www.sharenet.co.za 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.