Voluntary 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”) VOLUNTARY TRADING STATEMENT This voluntary trading statement is published in compliance with paragraph 3.4(b) of the JSE Listings Requirements. Mustek’s shareholders are informed that, for the six months ended 31 December 2019, Mustek’s headline earnings per share is expected to be between 5% and 15% higher than the previous corresponding period at between 72,96 cents and 79,91 cents (31 December 2018: 69,49 cents). Basic earnings per share is expected to be between 7% lower and 3% higher than the previous corresponding period at between 72,76 cents and 80,59 cents (31 December 2018: 78,24 cents). The previous corresponding period included a capital profit of R6,27 million on the sale of land that resulted in an increase in basic earnings of 8,78 cents per share. Net asset value per share is expected to be between 1 535 cents and 1 545 cents, compared to 1 426,38 cents as at 31 December 2018. The above information has not been reviewed or reported on by the company’s external auditors. The company expects to release its interim financial results for the six months ended 31 December 2019 on SENS on or about 28 February 2020. Midrand 18 February 2020 Sponsor Deloitte & Touche Sponsor Services Proprietary Limited (Incorporated in the Republic of South Africa) (Registration number 1996/000034/07) Date: 18-02-2020 08:45:00 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.