| Fri 18 Jan 2008, 8:30 | | KIO - Kumba Iron Ore - Trading Statement For The Twelve Months Ended |
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KIO
KIO
KIO - Kumba Iron Ore - Trading Statement For The Twelve Months Ended
31 December 2007
Kumba Iron Ore Limited
A member of the Anglo American plc group
(Incorporated in the Republic of South Africa)
Registration number: 2005/015852/06
Share code: KIO & ISIN: ZAE000085346
("Kumba" or "the Company")
TRADING STATEMENT FOR THE TWELVE MONTHS ENDED 31 DECEMBER 2007
Shareholders are advised that Kumba will report its financial results for the
twelve months ended 31 December 2007 ("the period") on 14 February 2008.
Headline earnings and basic earnings for the period, after accounting for the
effective 20% minority interest in Sishen Iron Ore Company (Proprietary) Limited
("SIOC"), are expected to be between R2,960 million and R3,150 million, with
headline earnings per share ("HEPS") and earnings per share ("EPS") being
between 940 cents and 1,000 cents.
The audited financial results for the two months ended 31 December 2006, issued
on 14 February 2007, contained unaudited pro forma financial information for the
twelve months ended 31 December 2006 ("the comparative period"). After
accounting for the effective 20% minority interest in SIOC, headline earnings
and basic earnings reported for the comparative period were R2,125 million and
R3,381 million respectively while HEPS and EPS reported for the comparative
period was 677 cents and 1,080 cents respectively.
This trading statement is issued in compliance with the Listings Requirements of
the JSE Limited. The above information has not been reviewed and reported on by
the Company`s external auditors.
18 January 2008
Pretoria
Sponsor to Kumba
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 18/01/2008 08:30:01 Produced by the JSE SENS Department.
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