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Initial trading statement for the year ended 28 February 2022

Published: 2022-02-01 11:31:00 ET
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Combined Motor Holdings Limited (JSE:CMH) News - Initial trading statement for the year ended 28 February 2022

Combined Motor Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1965/000270/06)
Share code: CMH ISIN: ZAE000088050
(“CMH”)

INITIAL TRADING STATEMENT FOR THE YEAR ENDED 28 FEBRUARY 2022

In accordance with paragraph 3.4(b)(i) of the JSE Listings Requirements, listed companies are
required to publish a trading statement as soon as they become reasonably certain that the
financial results for the period to be reported on will differ by at least 20% from those of the
previous corresponding period.

Shareholders are advised that a reasonable degree of certainty exists that, for the year ending
28 February 2022:

? headline earnings per share (“HEPS”) is expected to increase by between 70% and 90%,
  resulting in a HEPS of between 391,7 cents and 437,7 cents per share as compared with a
  HEPS of 230,4 cents per share for the comparative period; and

? earnings per share (“EPS”) is expected to increase by between 75% and 95%, resulting in
  an EPS of between 394,8 cents and 439,9 cents per share as compared with an EPS of
  225,6 cents per share for the comparative period.

The financial information on which this initial trading statement is based has not been
reviewed or reported on by the external auditors of CMH. A further trading statement will be
released once CMH has a greater degree of certainty with regards to its financial results for the
year ending 28 February 2022.

Durban
01 February 2022

Sponsor
PricewaterhouseCoopers Corporate Finance (Pty) Ltd

Date: 01-02-2022 01:31:00
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