Trading statement

Shareholders are advised that the group’s earnings and headline earnings per share for the six months ended 31 December 2012 are estimated to be between 30% and 45% lower than in the previous comparable period. Earnings per share of 51.8 cents and headline earnings per share of 51.9 cents were reported for the six months ended 31 December 2011.

The anticipated decline in earnings reflects the finance costs incurred on borrowings and a higher effective tax charge during the period under review. Operating profit for the six months ended 31 December 2012 is expected to be higher than for the period ended 31 December 2011.

The weighted average number of shares in issue for the period ended 31 December 2012 was 382 536 125, compared to 382 416 190 shares in issue for the period ended 31 December 2011.

This estimate has not been reviewed or reported on by the company’s auditors.

It is anticipated that the interim results for the six months ended 31 December 2012 will be released on or about 22 February 2013.

Johannesburg
5 February 2013

Sponsor:
One Capital