MIP
MIP
MIP - Merchant & Industrial Properties - Trading statement
Merchant & Industrial Properties Limited
(Registration number 1987/002656/06)
Share codes: MIP
ISIN numbers: ZAE000102265
("Merchant")
TRADING STATEMENT
In terms of the Listings Requirements of the JSE Limited, companies are
required to publish a Trading Statement as soon as they become reasonably
certain that the financial results for the period to be reported on next, will
differ by more than 20% from those of the previous corresponding period.
The board of directors of Merchant advises that its headline earnings per
share for the 12 months ended 30 September 2009 is expected to decrease by
between 45% and 65% on the 40,2 cents per share reported for the 12 months
ended 30 September 2008 and earnings per share is expected to decrease by
between 55% and 75% on the 51,7 cents per share reported for the 12 months
ended 30 September 2008.
The financial information contained in this Trading Statement has not been
reviewed or reported on by the company`s external auditors. Merchant &
Industrial Properties Limited will release its abridged audited results and
post its annual report for the 12 months ended 30 September 2009 on or about
23 December 2009.
By order of the board
Johannesburg
2 December 2009
Sponsor
Sasfin Capital (A division of Sasfin Bank Limited)
Date: 02/12/2009 12:57:31 Produced by the JSE SENS Department.
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