MPC
MPC
MPC - Mr Price Group - Trading statement
Mr Price Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1933/004418/06)
ISIN: ZA000026951
Share Code: MPC
("The Mr Price Group" or "the group" or "the company")
TRADING STATEMENT
In terms of the Listings Requirements of the JSE Limited, companies are
required to publish a trading statement as soon as they are reasonably
satisfied that the financial results for the period to be reported upon
next will differ by at least 20% from the previous reporting period.
The Mr Price Group is currently finalising its results for the 52 weeks
ended 31 March 2007 which should be released on 31 May 2007.
The company advises that its profit after tax from continuing operations
for the reporting period, excluding the impact of the 53rd week in the
base year, is expected to be between 25% and 35% higher. If the 53rd week
is included in the base year, the increase will be between 20% and 30%.
Basic and headline earnings per share, excluding the impact of the 53rd
week in the base year, are expected to be between 20% and 30% higher. If
the 53rd week is included in the base year, the increases will be between
15% and 25%.
The forecast financial information on which this trading statement is
based has not been reviewed and reported on by the company`s auditors.
Durban
14 May 2007
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 14/05/2007 15:00:04 Produced by the JSE SENS Department.
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