SAL
SAL
SAL - Sallies - Trading Statement
Sallies Limited
(Incorporated in the Republic of South Africa)
(Registration number 1903/001879/06)
Share code: SAL & ISIN: ZAE000022588
("Sallies" or "the Company")
TRADING STATEMENT
In terms of paragraph 3.4 (b) of the Listings Requirements of the JSE Limited,
shareholders are hereby advised that:
- the Company`s loss for the year ended 30 June 2009 is expected to be 8.3
cents per share being 24% higher than the loss for the prior comparative
period of 6.7 cents per share;
- the loss for the year ended 30 June 2009 includes a charge of R74.6 million
(11.6 cents per share) for the impairment of the Buffalo assets; and
- the Company`s headline profit for the year ended 30 June 2009 is expected
to be 2.3 cents per share being an improvement of 133% on the headline loss
for the prior comparative period of 7.0 cents per share.
The financial information on which this trading statement is based has not been
reviewed or reported on by the Company`s auditors.
Johannesburg
15 September 2009
Sponsor: Bridge Capital Advisors (Pty) Limited
Date: 15/09/2009 11:30:01 Produced by the JSE SENS Department.
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