In terms of paragraph 3.4(b) 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 period to be reported on next will differ by at least 20% from those of the previous corresponding period. ARM?s headline earnings per share for the year ended 30 June 2013 are expected to be between 1 640 and 1 780 cents per share (F2012: 1 615 cents per share). However, basic earnings were negatively impacted by large exceptional items. The biggest exceptional item relates to the unrealised mark-to-market loss resulting in the impairment of the original cost of the investment in Harmony Gold Mining Company Limited (?Harmony?). In terms of ARM?s accounting policy for available-for-sale financial assets, into which category the Harmony investment falls, a significant or prolonged decline in the market value below the cost of the investment has to be adjusted through the Income Statement.. The impairment is R2.0 billion after tax and is based on the Harmony share price of R35.75 per share at 30 June 2013. Accordingly, ARM expects basic earnings per share for the year ended 30 June 2013 to decrease to between 725 and 810 cents per share (F2012: 1 609 cents per share). The financial information on which this trading statement is based has not been reviewed or reported on by the external auditors of ARM. The Company?s full provisional results will be released on Monday, 2 September 2013. ENDS For all investor relations queries please contact: Jongisa Klaas Corporate Development and Head of Investor Relations Office: +27 11 779 1300 E-mail: jongisa.klaas@arm.co.za Johannesburg, 20 August 2013
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