Local Earnings Release Calendar

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1 13 July 2015 Compiled by Chantal Marx, Pritu Makan, Tlamelo Mathakgane, and Edgar Mafoko Another quiet week is anticipated on the earnings front locally. No significant earnings releases are expected this week. Local Earnings Release Calendar JSE (HEPS ZAc) 2015/07/06 SCP Stellar Capital Partners Ltd 1H15 Earnings Release -- SSA corporate earnings releases to take note of this week include: Kenya Airways (Full Year Results): The national airline of the popular East African destinations has come under severe pressure as several travel advisories issued in the West following a spate of terrorist attacks, and the outbreak of the Ebola virus elsewhere on the continent negatively impacted on tourist arrivals. Competition has also been stiff and a fleet renewal programme also likely impacted on the bottom line. The company is 29.7% owned by the Kenyan Government, which has become increasingly frustrated with the airliner s financial misfortunes. Kenya Airways is expected to report a full year loss. Precision Air Services (Full Year Results): The Tanzanian airliner is expected to record another loss. Precision Air has struggled to contain soaring costs attributed mostly to a volatile Tanzanian Shilling and jet fuel prices over the last few years. Precision is partly owned by Kenya Airways. SSA Earnings Release Calendar (HEPS LC) 2015/07/13 OKOMUOIL NL Okomu Oil Palm PLC 1Q15 Earnings Release /07/13 VITAFOAM NL Vitafoam Nigeria PLC 2Q15 Earnings Release /07/13 FTNCOCOA NL FTN Cocoa Processors PLC 1Q15 Earnings Release /07/13 OMOSAVBN NL Omoluabi Saving and Loans Plc FY15 Earnings Release /07/13 PAL TZ Precision Air Services Ltd FY15 Earnings Release /07/14 UPL NL University Press PLC FY15 Earnings Release /07/14 RAKUNITY NL Rak Unity Petroleum Co PLC FY15 Earnings Release /07/14 SOGEGH GN Societe Generale Ghana Ltd 1Q15 Earnings Release /07/15 ANINO NL Anino International PLC 1Q15 Earnings Release -- Head Office: 4 Merchant Place, 1 Fredman Drive, Sandton 2196 PO Box 3359, Parklands 2121 fnbsecurities@fnb.co.za Relationship Manager: Dealing Desk: Toll Free Trading: Directors: H Mojalefa, P Dreyer, R Jayrajh, W Myers, V Naidoo. Company Secretary: C Low FNB Securities (Pty) Ltd, member of the JSE and an authorised financial services provider. Part of the FirstRand Group.

2 SSA Earnings Release Calendar (continued) (HEPS LC) 2015/07/15 AFRPAINT NL African Paints Nigeria PLC 1Q15 Earnings Release /07/15 OASISINS NL Oasis Insurance PLC 1Q15 Earnings Release /07/15 AVONCROW NL Avon Crowncaps & Containers FY15 Earnings Release /07/16 UNITYBNK NL Unity Bank PLC 2Q15 Earnings Release /07/16 LIVESTOC NL Livestock Feeds PLC 2Q15 Earnings Release /07/16 SCOA NL SCOA Nigeria PLC 2Q15 Earnings Release /07/16 KNAL KN Kenya Airways Ltd FY15 Earnings Release /07/16 EACL KN East African Cables Ltd 1H15 Earnings Release /07/16 HFCL KN Housing Finance Co of Kenya Ltd 2Q15 Earnings Release -- While macro-economic considers will likely dominate market rhetoric in the world s largest economy, the second quarter earnings season also comes into swing fully this week. US banking giants JP Morgan, Bank of America, Goldman Sachs, Wells Fargo, and Citigroup will likely take centre stage. Johnson & Johnson is expected to report lower second-quarter sales and earnings figures as a stronger dollar would have weighed heavily on the multinational from a currency translation perspective. The second half of the week is expected to be dominated by earnings releases from Google, Philip Morris, and GE. US Summarised Earnings Release Calendar 2015/07/14 JNJ US Johnson & Johnson 2Q15 Earnings Release /07/14 JPM US JPMorgan Chase & Co 2Q15 Earnings Release /07/14 FAST US Fastenal Co 2Q15 Earnings Release /07/14 WFC US Wells Fargo & Co 2Q15 Earnings Release /07/14 CSX US CSX Corp 2Q15 Earnings Release /07/14 YUM US Yum! Brands Inc 2Q15 Earnings Release /07/15 USB US US Bancorp/MN 2Q15 Earnings Release /07/15 BLK US BlackRock Inc 2Q15 Earnings Release /07/15 BAC US Bank of America Corp 2Q15 Earnings Release /07/15 KMI US Kinder Morgan Inc/DE 2Q15 Earnings Release /07/15 NFLX US Netflix Inc 2Q15 Earnings Release /07/15 INTC US Intel Corp 2Q15 Earnings Release

3 US Summarised Earnings Release Calendar (continued) 2015/07/15 PNC US PNC Financial Services Group 2Q15 Earnings Release /07/15 DAL US Delta Air Lines Inc 2Q15 Earnings Release /07/16 PPG US PPG Industries Inc 2Q15 Earnings Release /07/16 SCHW US Charles Schwab Corp/The 2Q15 Earnings Release /07/16 BBT US BB&T Corp 2Q15 Earnings Release /07/16 UNH US UnitedHealth Group Inc 2Q15 Earnings Release /07/16 KEY US KeyCorp 2Q15 Earnings Release /07/16 EBAY US ebay Inc 2Q15 Earnings Release /07/16 SHW US Sherwin-Williams Co/The 2Q15 Earnings Release /07/16 GS US Goldman Sachs Group Inc/The 2Q15 Earnings Release /07/16 C US Citigroup Inc 2Q15 Earnings Release /07/16 PBCT US People's United Financial Inc 2Q15 Earnings Release /07/16 MAT US Mattel Inc 2Q15 Earnings Release /07/16 SLB US Schlumberger Ltd 2Q15 Earnings Release /07/16 CTAS US Cintas Corp 4Q15 Earnings Release /07/16 GOOGL US Google Inc 2Q15 Earnings Release /07/16 PM US Philip Morris International Inc 2Q15 Earnings Release /07/16 NAVI US Navient Corp 2Q15 Earnings Release /07/17 HON US Honeywell International Inc 2Q15 Earnings Release /07/17 CMA US Comerica Inc 2Q15 Earnings Release /07/17 KSU US Kansas City Southern 2Q15 Earnings Release /07/17 STI US SunTrust Banks Inc 2Q15 Earnings Release /07/17 GWW US WW Grainger Inc 2Q15 Earnings Release /07/17 GE US General Electric Co 2Q15 Earnings Release /07/17 JCI US Johnson Controls Inc 3Q15 Earnings Release /07/17 PGR US Progressive Corp/The 2Q15 Earnings Release /07/17 SNA US Snap-on Inc 2Q15 Earnings Release /07/17 VFC US VF Corp 2Q15 Earnings Release /07/17 MTB US M&T Bank Corp 2Q15 Earnings Release /07/17 JBHT US JB Hunt Transport Services Inc 2Q15 Earnings Release /07/17 STX US Seagate Technology PLC 4Q15 Earnings Release

4 Japanese movie, theatre, real estate, and more recently gaming company, Toho Co, releases results this week. Asia-Pacific Summarised Earnings Release Calendar 2015/07/ JP Toho Co Ltd/Tokyo 1Q15 Earnings Release -- All eyes will probably be on Sweden this week within the region. Several Swedish banks will release earnings in the first half of the week, with car manufacturer Volvo set to report later in the week. Amongst the largest banks only Nordea Bank AB is expected to report a rise in 2Q earnings on a y/y basis. Earnings from Skandinaviska Enskilda Banken AB and Swedbank AB are anticipated to fall. There has been some excitement over Nordea recently after the share was upgraded to Buy/Overweight by several brokers including JP Morgan and Goldman Sachs. Europe Summarised Earnings Release Calendar 2015/07/13 DKSH SW DKSH Holding AG 1H15 Earnings Release /07/14 SEBA SS Skandinaviska Enskilda Banken 2Q15 Earnings Release /07/14 GJF NO Gjensidige Forsikring ASA 2Q15 Earnings Release /07/14 JM SS JM AB 2Q15 Earnings Release /07/14 KNIN VX Kuehne + Nagel International 1H15 Earnings Release /07/15 ASML NA ASML Holding NV 1H15 Earnings Release /07/15 SKFB SS SKF AB 2Q15 Earnings Release /07/15 GETIB SS Getinge AB 2Q15 Earnings Release /07/15 CAST SS Castellum AB 2Q15 Earnings Release /07/16 IJ SS Intrum Justitia AB 2Q15 Earnings Release /07/16 INVEB SS Investor AB 2Q15 Earnings Release /07/16 SWEDA SS Swedbank AB 2Q15 Earnings Release /07/16 NDA SS Nordea Bank AB 2Q15 Earnings Release /07/16 SOBI SS Swedish Orphan Biovitrum AB 2Q15 Earnings Release /07/16 SPD LN Sports Direct International PLC FY15 Earnings Release /07/16 ALFA SS Alfa Laval AB 2Q15 Earnings Release /07/16 ATCOA SS Atlas Copco AB 2Q15 Earnings Release

5 Europe Summarised Earnings Release Calendar (cont) 2015/07/16 SCAB SS Svenska Cellulosa AB SCA 2Q15 Earnings Release /07/16 ELI1V FH Elisa OYJ 2Q15 Earnings Release /07/16 DC/ LN Dixons Carphone PLC FY15 Earnings Release /07/17 ORK NO Orkla ASA 2Q15 Earnings Release /07/17 TLSN SS TeliaSonera AB 2Q15 Earnings Release /07/17 GIVN VX Givaudan SA 1H15 Earnings Release /07/17 VOLVB SS Volvo AB 2Q15 Earnings Release /07/17 ERICB SS Telefonaktiebolaget LM Ericsson 2Q15 Earnings Release /07/17 WRT1V FH Wartsila OYJ Abp 2Q15 Earnings Release /07/17 ELUXB SS Electrolux AB 2Q15 Earnings Release /07/17 SAND SS Sandvik AB 2Q15 Earnings Release /07/17 ASSAB SS Assa Abloy AB 2Q15 Earnings Release /07/17 HUSQB SS Husqvarna AB 2Q15 Earnings Release /07/17 FUM1V FH Fortum OYJ 2Q15 Earnings Release /07/17 KNEBV FH Kone OYJ 2Q15 Earnings Release /07/17 BOL SS Boliden AB 2Q15 Earnings Release /07/17 SGSN VX SGS SA 1H15 Earnings Release /07/17 NCCA SS NCC AB 2Q15 Earnings Release /07/17 SCHA NO Schibsted ASA 2Q15 Earnings Release /07/17 SWMA SS Swedish Match AB 2Q15 Earnings Release Datatec, Foschini, Lewis, Omnia, and Telkom (amongst others) are trading ex-dividend on Monday and Friday marks the last day to trade in Nampak (amongst others) to receive its most recently declared dividend. In other corporate actions, the Ellies rights list on Monday with the offer closing on Friday. Ellies shareholders will receive 40.1 rights for every 100 shares held. Each right will entitle shareholders to take up another share in Ellies at R1.10 per share. Friday will mark the last day to trade in Adcock Ingram to participate in the upcoming BEE share scheme. 5

6 SA Dividend Calendar JSE COMPANY NAME LDT EX PAY TYPE AMOUNT AME African Media Entertainment 2015/07/ /07/ /07/13 Final ZAc 250 CKS Crookes Brothers 2015/07/ /07/ /07/13 Final ZAc 85 FBR Famous Brands 2015/07/ /07/ /07/13 Final ZAc 200 STP Stenprop 2015/07/ /07/ /07/16 Regular ZAc TAS Taste Holdings 2015/07/ /07/ /07/13 Final ZAc 6.50 APF Accelerate Property Fund 2015/07/ /07/ /07/20 Income ZAc DTC DataTec 2015/07/ /07/ /07/20 Final ZAc 108 TFG Foschini Group 2015/07/ /07/ /07/20 Final ZAc 325 IVT Invicta Holdings 2015/07/ /07/ /07/20 Regular ZAc LEW Lewis Group 2015/07/ /07/ /07/20 Final ZAc 302 OMN Omnia Holdings 2015/07/ /07/ /07/20 Final ZAc 300 TKG Telkom SA SOC 2015/07/ /07/ /07/20 Special ZAc 30 TKG Telkom SA SOC 2015/07/ /07/ /07/20 Final ZAc 215 AER Amalgamated Electronic Corp 2015/07/ /07/ /07/27 Final ZAc 8 GDN Gooderson Leisure Corp 2015/07/ /07/ /07/27 Final ZAc ISA ISA Holdings 2015/07/ /07/ /07/27 Regular NPKP Nampak Preference 2015/07/ /07/ /07/27 Regular NPP1 Nampak 2015/07/ /07/ /07/27 Regular ZAc 4.50 ZAc 6 ZAc 6.50 NCS Nictus 2015/07/ /07/ /07/27 Final ZAc 3 SNV Santova 2015/07/ /07/ /07/27 Regular ZAc 4.25 TLM Telemasters Holdings 2015/07/ /07/ /07/27 Interim ZAc 1 6

7 Other SA Corporate Actions JSE COMPANY NAME ACTION EVENT 2015/07/13 EMI Emira Property Pay Date Conversion & Name Change 2015/07/13 SAC SA Corporate Real Pay Date Delinking of Linked 2015/07/13 AEGCB Aveng 7.25% Senior Bonds Ex Date Interest Payment R per bond 2015/07/13 DIA Dipula A Suspension of Linked 2015/07/13 DIB Dipula B Suspension of Linked 2015/07/13 AWA Arrowhead A Suspension of Linked 2015/07/13 AWB Arrowhead B Suspension of Linked Delinking of Linked Delinking of Linked Delinking of Linked Delinking of Linked 2015/07/13 ELIN Ellies Holdings Listing of Rights Call on Rights (Take-up) 1 per R /07/17 SGA Synergy A Last Day to Trade Delinking of Linked 2015/07/17 SGB Synergy B Last Day to Trade Delinking of Linked 2015/07/17 AIA Ascension A Last Day to Trade Delinking of Linked 2015/07/17 AIB Ascension B Last Day to Trade Delinking of Linked 2015/07/17 AIP Adcock Ingram Last Day to Trade Tender Offer 1 AdBEE security and Adcock Options per 100 Adcock shares 2015/07/17 ELIN Ellies Holdings Election Deadline (08:00) Call on Rights (Take-up) 1 per R /07/17 ELIN Ellies Holdings Market Deadline (13:00) Call on Rights (Take-up) 1 per R1.10 Disclaimer: The valuations, calculations, prices, opinions and all other information (the information ) contained in this document is issued by FNB Securities (Pty) Ltd (Reg no: 1996/011732/07) ( FNB Securities ), a member of the JSE Securities Exchange South Africa ( JSE ) and an authorised financial services provider. Part of the FirstRand Group. Whilst all care has been taken in the provision of the information in this document, this information is provided without liability to us, our affiliates or any officers or employees of ours. The information expressed in this document is done in good faith and is not intended to constitute any form of advice, including but not limited to financial, legal or tax advice. Some of the information may have been provided or sourced from third parties and we do not in any way guarantee its accuracy or correctness. At all times we will endeavour to ensure that information obtained from any third party is accurate and reliable. FNB Securities and its affiliates disclaims and assumes no liability for any loss or damage (direct, indirect or consequential) that may be suffered from using or relying on the information contained herein. Investment in shares may cause exposure to certain risks, including market risk, and may therefore not be suitable for all clients. Please contact your relationship manager for a personal financial analysis prior to making any investment decisions. FNB Securities and its affiliates disclaims and assumes no liability for any loss or damage (direct, indirect or consequential) that may be suffered from using or relying on the information contained herein without seeking professional advice. All rights in the FTSE/JSE Africa Index Series vest in the JSE and in FTSE International Limited ( FTSE ) jointly. FTSE is a trade mark of the London Stock Exchange Group of Companies ( LSE ). JSE is a trade mark of the JSE.

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