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Fri 8 Dec 2017, 12:48 CULLINAN HOLDINGS LIMITED - Trading Statement
CUL 201712080036A
Trading Statement

CULLINAN HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1902/001808/06)
Share Code: CUL              ISIN: ZAE000013710


TRADING STATEMENT


Shareholders are advised that a reasonable degree of certainty exists that, for the financial
year ended 30 September 2017:

-   headline earnings per share will be between 11.45 and 12.33 cents per share (2016:
    8.81 cents), an increase of between 30 and 40%; and
-   earnings per share will be between 10.98 and 11.87 cents per share (2016: 8.64 cents),
    an increase of between 25 and 35%.

The financial information on which this trading statement is based has not been reviewed or
reported on by the external auditors.

By order of the board.

B Allison
Company Secretary

Johannesburg
8 December 2017

Sponsor
Arbor Capital Sponsors Proprietary Limited

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