MAS
MAS
MAS - Masonite (Africa) Limited - Trading update
Masonite (Africa) Limited
(Incorporated in the Republic of South Africa)
(Registration number 1942/015502/06)
Share Code : MAS ISIN : ZAE000004289
("Masonite")
TRADING UPDATE
Shareholders are advised that Masonite`s trading income for the 6 months ended
30 June 2008, is expected to be 30% to 40% higher than that of the prior
comparative period.
However, a favourable adjustment to biological assets (IAS 41 : Agriculture) has
resulted in earnings per share and headline earnings being 215% to 225% higher
than those of the prior comparative period. This is mainly due to an increase in
timber prices, which have now stabilised.
The information on which this financial release is based has not been reviewed
or reported on by Masonite`s auditors.
The results are expected to be released towards the end of September 2008.
Durban
12 September 2008
Sponsor
Nedbank Capital
Date: 12/09/2008 17:00:02 Produced by the JSE SENS Department.
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