CEL
CEL
CEL - Celcom Group Limited - Trading Statement
CELCOM GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1998/021219/06)
JSE code: CEL ISIN: ZAE000087490
("Celcom Group" or "the company" or "the group")
TRADING STATEMENT
Shareholders are referred to the announcement dated 25 September 2008 ("the
announcement") advising that the group expects headline earnings per share to
be between 15% and 25% higher and earnings per share to be between 50% and
60% higher than those of the previous corresponding period.
Celcom advises that as stated in its unaudited interim results for the six
months ended 31 December 2007 published on SENS on 19 February 2008, the
Group has aligned itself with Circular 08/07 (the "Circular") issued by the
South African Institute of Chartered Accountants in November 2007. The effect
of the Circular is that amortisation of intangibles is not excluded from
headline earnings per share.
Accordingly, the restated headline earnings per share for the 15 months ended
30 June 2007 is 1.17 cents per share in issue and 1.38 cents per weighted
average share in issue.
The growth in headline earnings for the year ended 30 June 2007 as referred
to in the announcement relates to the growth in restated headline earnings
per share.
The annual financial results of the company for the year ended 30 June 2008
will be released on SENS on or about 30 September 2008.
26 September 2008
Designated Advisor
Java Capital (Proprietary) Limited
Date: 26/09/2008 11:54:01 Produced by the JSE SENS Department.
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