SHP
SHP
SHP - Shoprite Holdings Limited - Trading update
SHOPRITE HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration no. 1936/007721/06
ISIN: ZAE 000012084
JSE share code: SHP
NSX share code: SRH
LuSE share code: SHOPRITE
("Shoprite" or "the company" or "the Group")
TRADING UPDATE
In terms of the JSE Limited Listings Requirements, companies are required to
publish a trading update as soon as they are reasonably certain that the
financial results for the current reporting period will be more than 20%
different from that of the previous corresponding period.
In light of the aforementioned requirements, Shoprite expects both basic and
fully diluted headline earnings per share for the six months ended December 2007
to be between 50% to 60% higher than those of the prior comparative period, on a
continued operation basis. Earnings per share and diluted earnings per share are
expected to be between 40% and 50% higher than those of the prior comparative
period. This improved growth was to some extent influenced by the industrial
action during the prior comparative period.
Caution should be exercised when projecting the results of the Group for the
full year in light of the current state of the economy and the effect of the
prevailing energy crisis.
Shareholders are advised that the above information has not been reviewed or
reported on by Shoprite`s external auditors. The company`s results for the six
months ended 31 December 2007 are expected to be released on or about 19
February 2008.
Johannesburg
5 February 2008
Sponsor
Nedbank Capital
Date: 05/02/2008 14:35:03 Produced by the JSE SENS Department.
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