Sale agreement for Glass,
Nigeria Cartons businesses
concluded for R1.9 billion

Strong cash transfers from
Angola and Nigeria at
R3.2 billion, no liquidity constraints in Nigeria, remaining cash balance in Angola 73% hedged

Group revenue down 8%
to R14.6 billion impacted by
lower demand in Angola and
hyperinflation in Zimbabwe

Cash generated of R1.1 billion
before financing activities up
from R324 million

Operating profit down 84%
to R254 million adversely
impacted by net devaluation
loss of R1.0 billion in Zimbabwe