RAC
RAC
RAC - Racec Group Limited - Trading Update
RACEC GROUP LIMITED
Incorporated in the Republic of South Africa
(Registration number 1998/006153/06)
Share code: RAC ISIN: ZAE000105409
("RACEC")
TRADING UPDATE
In terms of the Listings Requirements of JSE Limited, companies are required to
publish a trading statement as soon as they become reasonably certain that the
financial results for the period to be reported on will differ by more than 20%
from that of the previous corresponding period. Accordingly, a review of the
financial results for the six months ended 31 March 2008 by management has
indicated that basic earnings per share and basic headline earnings per share
are expected to be between 55% and 75% higher than those in the previous
corresponding period.
The financial information on which this trading statement is based has not been
reviewed or reported on by RACEC`s auditors. RACEC`s interim financial results
are expected to be released on SENS on or about 31 May 2008.
Johannesburg
10 April 2008
Designated Adviser
Merchant Sponsors (Proprietary) Limited
Date: 10/04/2008 15:02:57 Produced by the JSE SENS Department.
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