CROOKES BROTHERS LIMITED - Trading Statement

Trading Statement

Crookes Brothers Limited
(Incorporated in the Republic of South Africa)
(Registration number 1913/000290/06)
Share code: CKS 
ISIN: ZAE000001434
("the Company" or "the Group")

Trading statement

In terms of the JSE Limited Listings Requirements, a company is required to publish a trading statement
as soon as it becomes aware that the financial results for the next period to be reported on will differ by
at least 20% or more from those of the previous corresponding period.

For the interim period ended 30 September 2024, shareholders are advised that:

 •   Basic earnings per share is expected to decrease by 24% to be 248.1 cents per share (September
     2023: basic earnings 326.8 cents per share); and
 •   Headline earnings per share is expected to decrease by 30% to be 225.5 cents per share
     (September 2023: headline earnings 321.2 cents per share).

The decrease in earnings is attributable to the discontinuance of the deciduous segment, which was
disposed of during the second half of the prior year. In addition, the timing of certain sugar cane
agricultural expenses was earlier this period, compared to the corresponding prior period.

The financial information on which this trading statement is based is the responsibility of the directors
of the Company and has not been reviewed or reported on by the Group's independent external auditor.

The Company's interim results for the period ended 30 September 2024 will be published on or about
21 November 2024.

Durban

18 November 2024

JSE Sponsor to Crookes Brothers

Questco Corporate Advisory (Pty) Ltd

Date: 18-11-2024 02:50:00
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