JDH JDH JDH - John Daniel Holdings Limited - Trading Statement and further improvement in financial results JOHN DANIEL HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration Number 1998/013215/06) Share code: JDH ISIN: ZAE 000136677 ("the Company") TRADING STATEMENT Further Improvement in Financial Results The restructure initiatives implemented during the September 2011 financial year continue to positively impact the trading results. Illustrated through the turnover growth of 630%, comparing the turnover achieved during the 5 month period ended 29 February 2012 to the, previously reported 6 month interim period, ended 31 December 2010. Gross Profit for the same period is up by 455%. The improved trading results include a pleasing turnaround in the subsidiary operations including: * Significantly increased Biotechnology revenues up by 502%, generated largely by Cryo-Save SA (Pty) Ltd; * Significantly increased agri-packaging revenues up by 732% * Reduction in comparative overhead structure; * Continued growth in the loan book of the financial services business, JDH Credit Services (Pty) Ltd`s (formerly Viscacom (Pty) Ltd); and In addition the conclusion of a R15 million fully subscribed JDH rights offer, and the conversion of the Escalator Capital Limited loan into equity, has had a positive impact on the trading results. In terms of the JSE Listings Requirements, a listed company is required to publish a trading statement as soon as its board of directors ("board") is satisfied that a reasonable degree of certainty exists that the financial results for the next period to be reported on will vary by more than 20% from those of the previous corresponding period or from a profit forecast previously provided to the market in relation to such period. Accordingly, and following the previous trading statement published on 7 February 2012 which advised shareholders that the interim loss per share and headline loss per share for 31 March 2012 was expected to reduce by at least 20% compared to the results published for 31 December 2010, shareholders are now advised that the board is reasonably certain that both the loss per share and headline loss per share for the six month interim period ending 31 March 2012 (being the first six month period for the financial year ending 30 September 2012 after the change in financial year end from 30 June to 30 September, effected in 2011) will be reduced by between 55% and 75% compared to the published results for the comparable six months ended 31 December 2010. The above information has not been reviewed or reported on by the Company`s auditors. Johannesburg 30 March 2012 Sponsor Arcay Moela Sponsor (Pty) Ltd Date: 30/03/2012 10:30:01 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.