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Mon 18 Feb 2008, 10:43 SER / SRN - Seardel - Trading Statement
SER   SRN
 SER                                                                             
SER / SRN - Seardel - Trading Statement                                         
SEARDEL INVESTMENT CORPORATION LIMITED                                          
Registration Number 1968/011249/06                                              
(Incorporated in the Republic of South Africa)                                  
Share Code: SER     ISIN:  ZAE000029815                                         
Share Code: SRN     ISIN:  ZAE000030144                                         
("Seardel")                                                                     
TRADING STATEMENT                                                               
In terms of the Listings Requirements of the JSE Limited, companies are required
to publish a trading statement as soon as they are satisfied that a reasonable  
degree of certainty exists that the financial results for the period to be      
reported upon next will differ by at least 20% from that of the previous        
corresponding period.                                                           
Seardel will shortly be finalising its results in respect of the half-year ended
31 December 2007.  Shareholders are advised that at this stage it is anticipated
that earnings per share and headline earnings per share will be lower by between
80% and 90% when compared to the same period last year.                         
The financial results on which this trading statement has been based have not   
been reviewed or reported on by Seardel`s auditors.  The interim report to      
shareholders will be released before the end of March 2008.                     
18 February 2008                                                                
Sponsor                                                                         
Java Capital (Proprietary) Limited                                              
Date: 18/02/2008 10:43:22 Produced by the JSE SENS Department.                  
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