Bell Equipment Limited Provides Earnings Guidance for the Six Months Ended 30 June 2014

Bell Equipment Limited specializes in manufacturing and marketing forestry, agricultural, construction and mining operation materials. The group's activity is organized around 3 families of products: - construction and mining operation equipment: excavators, articulated trucks, bulldozers, loaders, graders, dumpers, diggers, etc.; - forestry materials: feller bunchers, skidders, carriers, etc.; - agricultural equipment: forklifts, tractors, loaders, harvesters, etc. Net sales by source of income break down mainly between sales of machines (73.8%), spare parts (19.8%) and services (4.4%). Net sales are distributed geographically as follows: South Africa (58%), Africa (5.6%) et Europe (36.4%).