MAS
MAS
MAS - Masonite - Trading Update
Masonite (Africa) Limited
(Incorporated in the Republic of South Africa)
(Registration number 1942/015502/06)
Share Code : MAS & ISIN : ZAE000004289
("Masonite")
TRADING UPDATE
Shareholders are advised that earnings per share and headline earnings per
share, for the year ended 31 December 2007 are expected to be 70% to 80%
higher than those of the prior comparative period.
This improvement was mainly attributable to higher domestic sales volumes
and more favourable domestic product mix. In addition, a favourable timber
valuation adjustment (IAS 41 - Agriculture) was achieved, due mainly to an
increase in timber prices.
Excluding the effect of IAS 41 - Agriculture, interest and taxation, trading
income is expected to be 60% and 70% above that of the prior period.
The information on which this financial information is based has not been
reviewed or reported on by Masonite`s auditors.
The results are expected to be released during March 2008.
Durban
1 February 2008
Investment Bank and Sponsor
Nedbank Capital
Date: 01/02/2008 16:00:01 Produced by the JSE SENS Department.
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