Asbis Enterprises PLC — Earnings Release 2017

Dec 22, 2017

Information about possibility of exceeding of the financial forecastsfor Y2017

The Board of Directors of ASBISc Enterprises Plc ("the Company", "theIssuer") following the anouncement of estimated monthly consolidatedrevenues for November 2017 and the fact that the estimated cumulativerevenues for the eleven months of 2017 reached USD 1.273 billion herebyreveals their expectation that the full year revenues are tosubstantially exceed the Company's financial revenue forecast for theyear 2017.

The financial forecast for the year 2017 assumed:

- Sales revenue at the level between USD 1,20 billion and USD 1,30billion

- Net profit after tax at the level between USD 5,0 million and USD 6,0million.

For the eleven months of the year 2017, the sales revenue reached USD1,273 billion and, therefore, it is expected that the full year revenueswill be more than 10% higher than the forecast.

The net profit after tax ("NPAT"), for the nine months of 2017 hasreached USD 3,096 million. The NPAT is also expected to be significantlyimproved for the Y2017, however the Company's Board Of Directors cannotcurrently estimate the exact profitability, as not all factors affectingprofitability are currently known to them.

The management intends to inform the market immediately when there aresolid grounds to estimate final profitability for the year. We are in aposition to confirm that the NPAT for the year will reach at least thehigher end of the original profitability forecast.