Puma Energy Zambia Plc 2575 (PUMA) issued a trading statement on 21s September 2020 on equity issuance no: ISIN: ZM0000000185. Board of Directors of Puma Energy Zambia PLC (Puma or the Company) hereby advises the Shareholders of the Company that the Earnings per Share and Headline Earnings per Share for the half-year ended 30 June 2020 are expected to be approximately 57% higher than for the half-year ended 30 June 2019. The gain can primarily be attributed to two factors. Firstly, during the half-year ended 30 June 2020 and following the price adjustment effected on 27th December 2019, the company recorded stockholding gains as opposed to stock holding losses recorded in half-year ended 30th June 2019. Secondly, during the half-year under review, the company recorded FX gains on operations compared to FX losses on operations in the previous year. Shareholders are advised that the information contained in this Trading Statement has not been reviewed nor reported on by the external auditors of the Company. The Company expects its results for the half-year ended 30 June 2020 to be released on SENS and published in the local press on or about 22 September 2020. Accordingly, shareholders are advised to exercise caution when dealing in the Companys securities until the publication of the results. By order of the Board Kalunga Lutato Company Secretary Issued in Lusaka, Zambia on 21 September 2020 On the account that the company announced stockholding gains during the half-year ended 30 June 2020 as opposed to stock holding losses recorded in half-year ended 30th June 2019: