BAT
BRAIT
BAT - Brait S.A. - Trading Statement
Brait S.A.Societe Anonyme
("Brait" or "the Company")
(Incorporated in Luxembourg)
Registration number: RC Luxembourg B-13861
Registered office: 180 rue des Aubepines, L-1145, Luxembourg
Share code: BAT
ISIN code: LU0011857645
TRADING STATEMENT
Further to the announcement on the sale of Bayport and its financial effect on
Brait`s results, shareholders of Brait are advised that the Company expects its
interim earnings per share ("eps") for the six months ended 30 September 2007 to
be greater than the reported eps for the corresponding six months ended 30
September 2006.
The reason for the increase in the eps is the result of the gain on the
realisation of Brait`s equity holdings in Bayport Management Limited and Bayport
Holdings (South Africa)(Proprietary) Limited.
The anticipated increases in eps over the comparable period are:
- Basic eps by 85% to 100%
- Diluted eps by 90% to 105%
This gain is adjusted for in the interim headline earnings per share ("heps")
and, as a result, does not affect heps. Accordingly, this Trading Statement is
relevant only to eps.
The financial information on which this trading statement has been based has not
been reviewed or reported on by the Company`s auditors.
The interim financial results of the Company for the six months ended 30
September 2007 are currently being prepared and are expected to be published on
or about 6 November 2007.
Luxembourg
5 October 2007
SponsorDeloitte & Touche Sponsor Services (Pty) Limited.
Date: 05/10/2007 08:00:06 Produced by the JSE SENS Department.
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