MAS
MAS
MAS - Masonite (Africa) Limited - Trading update
MASONITE (AFRICA) LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1942/015502/06)
Share code: MAS & ISIN: ZAE000004289
("Masonite")
TRADING UPDATE
Shareholders are advised that earnings per share and headline earnings per share
for the 6 months ended 31 June 2007 are expected to be 70% to 80% higher than
those of the prior period.
This improvement was mainly attributable to higher domestic sales volumes and
more favourable domestic product mix. In addition, a favourable timber
valuation adjustment (IAS 41 - Agriculture) was achieved, due mainly to an
increase in timber prices.
Excluding the effect of IAS 41 - Agriculture, interest and taxation, trading
income is expected to be 50% to 60% above that of the prior period.
The information on which this financial information is based has not been
reviewed or reported on by Masonite`s auditors.
The results are expected to be released towards the end of September 2007.
Durban
06 September 2007
Investment Bank and Sponsor
Nedbank Capital
Date: 06/09/2007 13:12:02 Produced by the JSE SENS Department.
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