SBV
SBV
SBV/SVN - Sabvest Limited - Trading statement
SABVEST LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1987/003753/06)
Ordinary shares : Share code: SBV ISIN: ZAE 000006417
N Ordinary shares: Share code: SVN ISIN: ZAE 000012043
("Sabvest")
TRADING STATEMENT
Shareholders were advised in the 2006 results announcement and the 2007 interims
that Sabvest`s results for 2006 included a number of large one-off gains which
would not be repeated in 2007. Accordingly lower earnings were expected for
2007.
Shareholders are now advised that the expected results for the financial year
ended 31 December 2007 are approximately as follows:
HEPS 108,3cents minus 40%
EPS 100,8 cents minus 45%
DPS 14 cents plus 16%
Intrinsic value per share* 1049 cents plus 22%
(*The basis of calculation of intrinsic value per share has been changed to make
a deduction for notional deferred CGT on the revaluation of associates and the
2006 comparative figure has been recalculated accordingly).
These estimates have not been audited. Group results are expected to be
published at the end of February.
Sandton
15 February 2008
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 15/02/2008 12:54:01 Produced by the JSE SENS Department.
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