ACT ACTP
ACT
ACT / ACTP - AfroCentric - Trading Statement
AFROCENTRIC INVESTMENT CORPORATION LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1988/000570/06)
JSE Code: ACT, ACTP & ISIN: ZAE000078416, ZAE000082269
("AfroCentric" or "the Company")
TRADING STATEMENT
Shareholders are advised that the company`s earnings and headline earnings per
share for the financial year ended 30 June 2008 are expected to be between 80%
and 100% higher than the earnings and headline earnings per share for the
previous corresponding period, 30 June 2007.
This increase arises substantially as a result of the escalating yields on the
Company`s cash resources for eleven months of the year, equity accounted
earnings of Jasco for the month of June 2008, and the June month`s dividend on
the Company`s preference share investment.
The financial information on which this trading statement is based has not been
reviewed or reported on by the company`s auditors. The results for the financial
year ended 30 June 2008 are expected to be published on or about 29 September
2008.
Johannesburg
29 September 2008
Sponsor:
Sasfin Capital
(a division of Sasfin Bank Limited)
Date: 29/09/2008 14:47:08 Produced by the JSE SENS Department.
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