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Trading Statement

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16 Apr 2015

SACOIL HOLDINGS LIMITED

(Incorporated in the Republic of South Africa)

(Registration number 1993/000460/06)

JSE Share Code: SCL     AIM Share Code: SAC

ISIN: ZAE000127460

(“SacOil” or “the Company”)

TRADING STATEMENT

In compliance with paragraph 3.4 of the Listings Requirements of the JSE Limited, a listed company is required to publish a trading statement as soon as it is satisfied that a reasonable degree of certainty exists, that the financial results for the next period to be reported on are likely to vary by more than 20% from the previous corresponding period.

Shareholders are advised that the Company expects earnings per share and headline earnings per share for the year ending 28 February 2015 to be at least 20% lower than that of the prior comparative period.

A further more detailed trading statement will be published in due course.

The information in this Trading Statement has not been reviewed or reported on by the Company`s auditors.

Shareholders are advised that the results for the year ending 28 February 2015 will be released before the end of May 2015.

JSE Sponsor

PSG Capital Proprietary Limited

16 April 2015

For further information please contact:

SacOil Holdings Limited

+27 (0)11 575 7232

finnCap Limited (Nominated Adviser and Broker)

Christopher Raggett

+44 (0) 20 7220 0500

FirstEnergy Capital (Financial Adviser and Joint Broker UK)

Travis Inlow

+44 (0) 20 7448 0200

Instinctif Partners London (UK Investor Relations)

David Simonson / Anca Spiridon

+44 (0)20 7457 2020

Instinctif Partners Johannesburg (SA Investor Relations)

Nicholas Williams / Tshepo Mophiring

+27 (0)11 447 3030