MTL - Mercantile Bank Holdings Limited - Trading s
MTL
MTL
MTL - Mercantile Bank Holdings Limited - Trading statement
Mercantile Bank Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1989/000164/06)
Share code: MTL & ISIN: ZAE000064721
("Mercantile" or "the company")
TRADING STATEMENT
This trading statement is issued in compliance with paragraph 3.4(b) of the
Listings Requirements of the JSE Limited.
Shareholders are notified that Mercantile`s earnings and headline earnings
per share for the year ending 31 December 2007 are expected to improve by
50% to 65% and 47% to 62%, respectively, compared to the earnings and
headline earnings per share reported for the year ended 31 December 2006.
This improvement in earnings is largely attributable to the ongoing growth
in core business and income of a non-recurring nature.
The financial information on which this trading statement is based has not
been reviewed or reported on by the company`s auditors.
The results for the year ending 31 December 2007 are expected to be
published towards the end of February 2008.
Johannesburg
1 November 2007
Sponsor: Bridge Capital Advisors (Pty) Limited
Date: 01/11/2007 14:50:01 Produced by the JSE SENS Department.
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