CSP 201305130056A
Trading Statement
Chemical Specialities Limited
Incorporated in the Republic of South Africa
Registration number 2005/039947/06
Share code: CSP
ISIN: ZAE000109427
("Chemspec" or "the Company")
TRADING STATEMENT
In terms of the JSE Limited, companies are required to publish a trading  statement as soon as they are satisfied that a reasonable degree of  certainty exists that the financial results for the period to be reported  upon next will differ by at least 20% from the financial results for the  previous corresponding period.

Accordingly, shareholders are advised that, for the year ended 31 March  2013, ChemSpec expects that the headline loss will be between 2.75 cents  per share and 3.16 cents per share compared to the headline loss of 2.06  cents per share reported in the previous corresponding period. Loss per  share is expected to be between 2.70 cents per share and 3.12 cents per  share compared to the loss of 2.13 cents per share as reported in the  previous corresponding period.

While this is disappointing shareholders should bear in mind that the group  has gone through major restructure and turnaround over the last two years  which management and the board are confident will bear fruit in the coming  financial year.

The company is well capitalized, has a strong executive team in place and  continues to experience market share growth particularly in the South  African market.

While we had hoped a return to profit had been earlier we still remain  confident of rewarding patient medium to long term investors and we would  hope that shareholders see this loss as a base setter for a prosperous  future rather than as a negative.

The information on which the above trading statement has been provided has  not been reviewed or reported on by the company's auditors.  The audited results for the year ended 31 March 2013 are expected to be  released on SENS on or about 19 June 2013.

Durban
13 May 2013
Designated Advisor
Grindrod Bank Limited

Date: 13/05/2013 05:00:00 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.
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