REM
REM
REM - Remgro Limited - Trading Statement
Remgro Limited
(Incorporated in the Republic of South Africa)
(Registration number 1968/006415/06)
ISIN: ZAE000026480
Share code: REM
("Remgro" or "the Company")
TRADING STATEMENT
Paragraph 3.4 (b) of the Listings Requirements of the JSE Limited ("JSE Listings
Requirements") requires companies to publish a trading statement as soon as they
become reasonably certain that the financial results for the period to be
reported upon next will differ by at least 20% from that of the previous
corresponding period.
Remgro is currently finalising its results for the year ended 31 March 2007,
which is due to be released on or about 18 June 2007.
In compliance with the JSE Listings Requirements, shareholders are advised that
Remgro`s reported headline earnings per share ("HEPS") is expected to be between
25% and 35% higher than the HEPS of the comparative year ended 31 March 2006.
On an adjusted basis, i.e. before taking into account the non-recurring portion
of BEE costs of R379.7 million in the comparative year, HEPS is expected to be
between 15% and 25% higher than the HEPS of the comparative year ended 31 March
2006.
The financial information on which this trading statement is based has not been
reviewed and reported on by the Company`s auditors.
Stellenbosch
16 April 2007
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 16/04/2007 08:00:02 Produced by the JSE SENS Department.
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