Mustek Limited Incorporated in the Republic of South Africa,
                                                                          Registration number: 1987/070161/06
                                                                          JSE share code: MST ISIN: ZAE000012373
                                                                          (“Mustek” or “the Group” or “the Company”)


                                     resonate
SHORT-FORM ANNOUNCEMENT:                                                         Basic
RESULTS FOR THE SIX MONTHS ENDED 31 DECEMBER 2022                             earnings per                    Gross profit %
                                                                           share 219.35 cents                  decreased to
The information has been extracted from the unaudited results for                down
the six months ended 31 December 2022 and this announcement                       5.7%                          14.1%
                                                                                                              (31 December 2021:
                                                                              (31 December 2021:                (restated) 16.2%)
itself has not been reviewed or reported on by auditors.                         232.72 cents)
This short-form announcement is the responsibility of the
directors. It is only a summary of the information contained in the
full announcement and does not contain full or complete details.
Any investment decision should be based on the full
announcement, which can be accessed from Wednesday,                                                          Operating profit
                                                                                Revenue                      R241.68 million,
                                                                             R4.91 billion up                    down
8 March 2023, using the following JSE link:
https://senspdf.jse.co.za/documents/2023/jse/isse/MST/Int23.pdf
                                                                                17.9%                            4.4%
                                                                              (31 December 2021:
                                                                            (restated) R4.16 billion)         (31 December 2021:
Alternatively, the full announcement is available on our website                                                R252.90 million)

at https://mustek.co.za/financial/
The full announcement is also available for inspection at Mustek’s
registered office on weekdays from 09:00 to 16:00, and copies
thereof may be requested free of charge at ltd@mustek.co.za
For and on behalf of the Board of directors                                                                     Headline
                                                                              Net asset value                 earnings per
                              Shabana Aboo Baker Ebrahim                         per share                 share 221.74 cents
                                                                              2 575.24 cents                     down
Hein Engelbrecht              CA(SA)
Group Chief Executive Officer Group Financial Director                       up 14.0%                            6.5%
                              (preparer of Group results)                     (31 December 2021:
                                                                                                              (31 December 2021:
8 March 2023                                                                    2 259.48 cents)
                                                                                                                 237.09 cents)
Midrand


 CORPORATE INFORMATION
 Company secretary: Sirkien van Schalkwyk, Block B, Office 107,       Registered office: 322 15th Road,
 The Park Shopping Centre, 837 Barnard Street, Elarduspark,           Randjespark, Midrand, 1685
 0181. PO Box 4896, Rietvalleirand, 0174.                             Postal address: PO Box 1638, Parklands, 2121
 Telephone: +27 (0)12 751 6000
                                                                      Contact details: Telephone: +27 (0)11 237 1000
 Transfer secretaries: Computershare Investor Services                Facsimile: +27 (0)11 314 5039
 Proprietary Limited, Rosebank Towers, 15 Biermann Avenue,            Email: ltd@mustek.co.za
 Rosebank, 2196. Private Bag X9000, Saxonwold, 2132.
 Telephone: +27 (0)11 370 5000                                        Sponsor: Deloitte & Touche Sponsor Services
                                                                      Proprietary Limited           www.mustek.co.za