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Tue 23 Oct 2007, 15:04 CRG - Cargo Carriers Limited - Trading statement
CRG
 CRG                                                                             
CRG - Cargo Carriers Limited - Trading statement                                
CARGO CARRIERS LIMITED                                                          
(Registration Number 1959/003254/06)                                            
Share code: CRG                                                                 
ISIN: ZAE000001764                                                              
("CCL" or "the group")                                                          
TRADING STATEMENT                                                               
Shareholders are advised that CRG`s headline earnings per share for the half    
year ended 31 August 2007 is expected to be 10.6% above the headline earnings   
per share for the comparative period last year. However, earnings per share     
for the same period are expected to be 31.7% below the earnings per share for   
the comparative period last year. The primary reason for the difference in      
movement between the headline earnings and earnings per share for the current   
period is due to the impairment of assets in the Zimbabwe operations of the     
group.                                                                          
The financial information on which this trading statement is based has not      
been reviewed nor reported on by CRG`s auditors. The announcement of the        
interim results for the half year ended 31 August 2007 is expected to be        
published on or about 26 October 2007.                                          
Elandsfontein                                                                   
23 October 2007                                                                 
Sponsor                                                                         
ARCAY MOELA SPONSORS (PTY) LTD                                                  
(Registration number: 2006/033725/07)                                           
Date: 23/10/2007 15:04:01 Produced by the JSE SENS Department.                  
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