Shareholders are advised that the group‘s earnings per share and headline earnings per share for the six months ended 31 December 2010 are estimated to be between 15 and 25 cents. This compares with the 59.9 cents per share for the previous comparable period ended 31 December 2009.
The anticipated decline in earnings stems primarily from lower sales revenues due to the strike and production interruptions in the beginning of the financial year as a result of safety related stoppages.
The forecast earnings have not been reviewed by the company‘s auditors. It is anticipated that the interim results for the six months ended 31 December 2010 will be released on or about 25 February 2011.
21 December 2010
Barnard Jacobs Mellet Corporate Finance (Pty) Ltd