Masonite (Africa) Limited
(Incorporated in the Republic of South Africa)
(Registration number 1942/015502/06) Share Code: MAS ISIN: ZAE000004289 ("Masonite" or "the company")
TRADING UPDATE
Shareholders are advised that the company expects basic and diluted earnings per share for the six months ended 30 June 2015 to be between 205% and 215% lower, and headline and diluted headline earnings per share to be between 230% and 240% lower than the prior comparative period.
The ranges are as follows:

basic loss per share between 120c and 130c (2014 earnings: 114c);

headline loss per share between 150c and 160c (2014: headline earnings 115c);

diluted loss per share between 120c and 130c (2014 diluted earnings:

114c); and

diluted headline loss per share between 150c and 160c (2014 diluted headline earnings: 115c).

The decline in earnings per share when compared to those reported for the previous corresponding period is mainly due to lower production volumes, increase in provision for slow moving and obsolete inventory and once off product quality claim, partially offset by insurance proceeds in respect of mill explosion in June 2014.
The abovementioned information has not been reviewed and reported on by the
company‟s external auditors. Masonite‟s results for the six months ended 30
June 2015 are expected to be released on or about 30 September 2015.
Durban
25 September 2015

Sponsor

Nedbank CIB

Date: 25/09/2015 02:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ("JSE‟).

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