MAS
MAS
MAS - Masonite - 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 trading income (excluding the effect of IAS 41 -
Agriculture, interest and taxation) for the year ended 31 December 2008 is
expected to be 50% to 60% above that of the prior year.
This improvement was mainly attributable to improved volumes in the domestic
door and packaging markets, and a favourable domestic product mix. In addition,
a large timber valuation adjustment (IAS 41 - Agriculture) occurred mainly due
to an increase in timber prices.
Earnings per share and headline earnings per share are expected to be 105% to
115% higher than that of the prior comparative period.
The information on which this financial information is based has not been
reviewed or reported on by Masonite`s auditors.
The results are expected to be released during March 2009.
Durban
3 February 2009
Investment Bank and Sponsor
Nedbank Capital
Date: 03/02/2009 17:00:01 Produced by the JSE SENS Department.
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