AVV 201708110052A
Trading Statement

Alviva Holdings Limited (formerly Pinnacle Holdings Limited)
Registration number 1986/000334/06
Share Code: AVV
ISIN: ZAE000227484
(“Alviva” or “the Group” or “the Company”)

TRADING STATEMENT

The trading statement is published in compliance with paragraph 3.4(b) of the JSE
Listings Requirements.

Headline earnings, Earnings per Share (“EPS”), and Headline Earnings per Share
(“HEPS”)

Shareholders are advised that the Company is reasonably certain that its results for
the year ended 30 June 2017 will reflect the following:

                          Year to 30 June      Expected change      Year to 30 June
                               2016              percentage              2017
                               Actual                               Expected Values

  Headline earnings            R326 million        +21% to +25%      R394 to R409
                                                                        million
  EPS                           207.1 cents        +16% to +21%      240 to 247 cents
  HEPS                          197.8 cents        +21% to +25%      240 to 247 cents


As previously reported in the unaudited interim financial results, all operating
divisions have performed well despite difficult market conditions.

The above information has not been reviewed or reported on by the Company's
auditors. The Company's reviewed financial results for the year ended 30 June 2017
are expected to be published on SENS on or about 7 September 2017.

Midrand
11 August 2017

Sponsor: Deloitte & Touche Sponsor Services (Pty) Ltd

Date: 11/08/2017 04:49:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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