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MUSTEK LIMITED – UPDATED TRADING STATEMENT

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UPDATED TRADING STATEMENT

MUSTEK LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/070161/06)
Share code: MST
ISIN: ZAE000012373
(“Mustek” or “the company”)

UPDATED TRADING STATEMENT
Shareholders are referred to the initial trading statement published on SENS on 8 February 2021
where it was announced that for the six months ended 31 December 2020, Mustek’s headline
earnings per share and basic earnings per share are expected to be at least 135% higher than the
headline earnings per share of 75,79 cents and the basic earnings per share of 75,72 cents reported
in the previous corresponding period.

The company now has reasonable certainty to provide the range required in terms of Paragraph
3.4(b)(iii)(2) of the JSE Limited’s Listings Requirements.

In light of the above, Mustek’s shareholders are informed that, for the six months ended 31 December
2020, Mustek’s headline earnings per share is expected to be between 160% and 175% higher than
the previous corresponding period at between 197,05 cents and 208,42 cents (31 December 2019:
75,79 cents). Basic earnings per share is expected to be between 155% and 170% higher than the
previous corresponding period at between 193,09 cents and 204,44 cents (31 December 2019: 75,72
cents).

Net asset value per share is expected to be between 1 755 cents and 1 765 cents, compared to 1
540,43 cents as at 31 December 2019.

The above information has not been reviewed or reported on by the company’s auditors. The
company expects to release its interim financial results for the six months ended 31 December 2020
on SENS on or about 1 March 2021.

Midrand
23 February 2021

Sponsor
Deloitte & Touche Sponsor Services Proprietary Limited
(Incorporated in the Republic of South Africa)
(Registration number 1996/000034/07)

Date: 23-02-2021 08:00:00
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.


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