ASR
ASR
ASR - Assore Limited - Trading Update
Assore Limited
(Incorporated in the Republic of South Africa)
Registration number 1950/037394/06
Share code: ASR
ISIN: ZAE000017117
("the Assore group")
TRADING UPDATE
Shareholders are advised that the Assore group has continued to benefit from
positive market conditions since the final results announcement published on 30
August 2007, with increased sales volumes and increased US Dollar and Euro
prices achieved for all products. As a result, attributable earnings per share
for the half year to 31 December 2007 are anticipated to be between R22,00 and
R26,00 (half year ended 31 December 2006 : R11,08 per share). Accordingly
headline earnings per share are expected to be between R21,50 and R25,50 (half
year ended 31 December 2006 : R11,02 per share). Earnings per share calculations
are based on a weighted average of 27,00 million shares in issue for the half
year (half year ended 31 December 2006 : 27,08 million).
The above earnings forecast information has not been reviewed or reported on by
the Assore group`s auditors.
The interim results for the half year ended 31 December 2007 are expected to be
published towards the end of February 2008.
Illovo Boulevard
Johannesburg
12 February 2008
Contact details:
Celine Stemmett
Switchboard : (+27 11) 770 6800
Direct line: (+27 11) 770 6948
Email: celinestemmett@assore.com
Sponsor
Standard Bank
Date: 12/02/2008 16:00:01 Produced by the JSE SENS Department.
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