LEW - Lewis Trading Update for the Quarter Ended 3
LEW
LEW
LEW - Lewis Trading Update for the Quarter Ended 31 March 2007
Lewis Group Limited(Registration Number 2004/009817/06)SHARE CODE: LEW
ISIN CODE: ZAE000058236
LEWIS TRADING UPDATE
In terms of the Listings Requirements of the JSE Limited, companies are required
to publish a trading statement as soon as they become reasonably certain that
the financial results for the period to be reported on next will be more than
20% different from that of the previous corresponding period.
Lewis advises that its headline earnings and earnings per share for the year
ended 31 March 2007, prepared on an IFRS basis, is expected to be between 36% to
42% higher than those reported for the previous year.
Shareholders` attention is drawn to the SENS announcement dated 14 September
2005 in which it was reported that under IFRS 2, share based payments, a charge
of R58.4 million was incurred in the year ended 31 March 2006, arising from
shares made available for no consideration by the former holding company GUS
Holdings BV.
Normalised headline earnings and earnings per share for the year ended 31 March
2007, is expected to be between 20% to 26% higher than those reported for the
previous year, which excluded the charge of R58.4 million for share based
payments referred to above.
The above information has neither been reviewed nor reported on by the company`s
external auditors.
The group`s audited results for the year ended 31 March 2007 will be released on
SENS on or about Monday, 21 May 2007.
SPONSOR: UBS SOUTH AFRICA (PTY) LTD
Date: 07/05/2007 09:00:08 Produced by the JSE SENS Department.
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