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Mon 7 Sep 2009, 10:20 GMB - Glenrand M.I.B Limited - Trading statement
GMB
GMB                                                                             
GMB - Glenrand M.I.B Limited - Trading statement                                
Glenrand M.I.B Limited                                                          
(A Licenced Financial Services Provider)                                        
(Incorporated in the Republic of South Africa)                                  
(Registration number 1997/008001/06)                                            
Share Code: GMB  ISIN:  ZAE000078010                                            
("Glenrand M.I.B")  ("the Group")                                               
TRADING STATEMENT                                                               
In terms of the JSE Limited Listings Requirements, companies are required to    
publish a trading statement as soon as they are reasonably certain that the     
financial results for the current reporting period will be more than 20%        
different from those of the previous corresponding period.                      
Accordingly, shareholders are advised that the headline earnings per share for  
the year ended 30 June 2009 are expected to be a profit of between 12,5 and 10,5
cents compared to the headline loss per share of 38,9 cents for the             
corresponding period.  The earnings per share for the year ended 30 June 2009   
are expected to be a profit of between 22,5 cents and 18,5 cents compared to the
loss of 36,2 cents per share published for the corresponding period.            
The information in this trading statement has been prepared in accordance with  
International Financial Reporting Standards (IFRS) and has not been reviewed or 
reported on by Glenrand M.I.B`s auditors.                                       
The Group`s results for the year ended 30 June 2009 are expected to be published
on or about 10 September 2009.                                                  
7 September 2009                                                                
Investment Bank and Sponsor                                                     
Nedbank Capital                                                                 
Date: 07/09/2009 10:20:38 Produced by the JSE SENS Department.                  
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