AFO
AFO
AFO - Aflease Gold Limited - Trading Update
AFLEASE GOLD LIMITED
(Formerly Sub Nigel Gold Mining Company Limited)
(Incorporated in the Republic of South Africa)
(Registration number 1984/006179/06)
Share Code: AFO & ISIN Code: ZAE000075867
("Aflease Gold" or "the company")
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, Aflease Gold expects both the basic
and fully diluted loss for the year ended 31 December 2007, to be between 15.78
cents and 16.80 cents higher than that of the prior comparative period.
Further to the above, Aflease Gold expects the headline loss per share for the
year ended 31 December 2007, to be between 15.17 cents and 16.20 cents higher
than that of the prior comparative period.
The expected losses are as a result of Aflease Gold`s continuing development of
a new gold mine at Modder East on the East Rand which is currently not an income
generating operation.
Shareholders are advised that the above information has not been reviewed or
reported on by Aflease Gold`s external auditors. The company`s results for the
year ended 31 December 2007 are expected to be released on or about 31 March
2008.
Johannesburg
28 March 2008
Sponsor
Nedbank Capital
Date: 28/03/2008 16:29:52 Produced by the JSE SENS Department.
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