MFL Trading statement for the period ended 31 December 2020 Metrofile Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 1983/012697/06) Share code: MFL ISIN Code: ZAE000061727 ("Metrofile" or "the Company") TRADING STATEMENT FOR THE PERIOD ENDED 31 DECEMBER 2020 In terms of paragraph 3.4(b) of the JSE Limited Listings Requirements, listed companies are required to publish a trading statement as soon as the board of directors is satisfied that a reasonable degree of certainty exists that the financial results for the period to be reported on next will vary by 20% or more when compared to those of the previous corresponding reporting period. Metrofile is in the process of finalising its financial results for the six months ended 31 December 2020, expected to be announced on the Stock Exchange News Service on or about 8 March 2021. Metrofile shareholders are advised that, headline earnings per share (HEPS) and earnings per share (EPS) will differ when compared to the previously reported corresponding period as follows: 6 months to 6 months to Variance 31 December 2020 31 December 2019 Expected Actual HEPS (cents) 14.0 to 15.8 12.9 +9% to +22% higher EPS (cents) 14.0 to 15.6 12.1 +16% to +29% higher EBITDA (R000) 152 000 to 160 000 150 855 +1% to +6% higher Net Debt* (R000) 470 000 to 480 000 571 880 -18% to -16% lower 31 December 2020 30 June 2020 Variance Expected Actual Net Debt* (R000) 470 000 to 480 000 523 607 -10% to -8% lower *excluding lease obligations The information contained in this trading statement has not been reviewed and reported on by Metrofiles external auditors. Illovo 9 February 2021 Sponsor The Standard Bank of South Africa Limited Date: 09-02-2021 02:45:00 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.