AFX
AFX
AFX / AOX - African Oxygen Limited - Afrox Trading Update
AFRICAN OXYGEN LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1927/000089/06)
JSE code: AFX
NSX code: AOX
ISIN: ZAE000067120
("Afrox" or "the company" or "the Group")
AFROX TRADING UPDATE
Afrox`s results for the fifteen months ended 31 December 2007 are expected to be
released on or about 14 February 2008.
In compliance with the Listings Requirements of the JSE Limited and in respect
of the fifteen months ended 30 December 2007, the Group hereby advises
shareholders that:
* core headline earnings per share are expected to be between 50% and 60%
higher than those reported for the twelve months ended 30 September 2006
("previous corresponding period");
* headline earnings per share are expected to be between 0% and 10% higher
than those reported for the previous corresponding period; and
* basic earnings per share are expected to be between 25% and 35% below those
reported for the previous corresponding period.
In the previous corresponding period, the earnings were strongly impacted by the
profit realised from the disposal of the healthcare investment, the share of
associate profits derived from the healthcare interest and a pension fund
surplus.
Shareholders are advised that the forecast financial information contained in
this trading update has neither been reviewed nor reported on by the company`s
external auditors.
Johannesburg
6 February 2008
Sponsor
Barnard Jacobs Mellet Corporate Finance (Pty) Limited
Date: 06/02/2008 13:00:02 Produced by the JSE SENS Department.
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