SBL
SBL
SBL - Sable Holdings Limited - Trading statement
SABLE HOLDINGS LIMITED
(INCORPORATED IN THE REPUBLIC OF SOUTH AFRICA)
(REGISTRATION NUMBER 1968/010636/06)
("SABLE")
SHARE CODE: SBL ISIN: ZAE000006383
TRADING STATEMENT
Shareholders are advised that Sable expects its earnings per share (EPS) and
headline earnings per share (HEPS) for the twelve months ended 30 June 2007 to
be 203.8% and 4.3% higher compared to the restated corresponding period last
year. Net asset value per share has also increased by 67.0% compared to the
restated corresponding period last year.
As reported in the December 2006 Interim circular, Sable appointed an
independent and recognised property valuer to assess the market valuation of its
retail, office, industrial and residential property investments. The resultant
after-tax revaluation surpluses of R91.9 million and R23.7 million arising from
the valuation of Sable`s subsidiary and associate company investment property
portfolios` respectively, are the significant factors in the increase in EPS.
The financial information on which this trading statement is based has been
audited by Sable`s auditors.
Sable`s results for the year ended 30 June 2007 will be published on or about 28
September 2007.
Johannesburg
26 September 2007
Sponsor
Sasfin Capital
A division of Sasfin Bank Limited
Date: 26/09/2007 08:31:46 Produced by the JSE SENS Department.
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