Approval of the consolidated financial statements

for the year ended 30 June 2017

The consolidated financial statements in the integrated annual report are the responsibility of the directors. They are responsible for selecting and adopting sound accounting practices, for maintaining an adequate and effective system of accounting records, for safeguarding assets and for developing and maintaining a system of internal control that, among other objectives, will ensure that the preparation of the consolidated financial statements achieves fair presentation. The consolidated financial statements set out in this report have been prepared by the directors in accordance with International Financial Reporting Standards (IFRS). They are based on appropriate accounting policies that have been consistently applied and are supported by reasonable and prudent judgements and estimates.

The consolidated financial statements have been prepared on the going concern basis as the directors have every reason to believe that the company, and its subsidiaries, have adequate resources to continue operations for the foreseeable future.

The external auditors are responsible for independently auditing and reporting on the consolidated financial statements in conformity with International Standards on Auditing. Their report is set out in the independent auditor's report.

Preparation of the consolidated financial statements was supervised by Laurence Cohen (CA)SA in his capacity as financial director.

The consolidated financial statements were approved by the board and signed on its behalf by:

Pieter Prinsloo
Chief executive officer

Laurence Cohen
Financial director

Johannesburg

1 September 2017