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Thu 8 Apr 2010, 15:22 SQE - Square One Solutions Group Limited - Trading update
SQE
SQE                                                                             
SQE - Square One Solutions Group Limited - Trading update                       
SQUARE ONE SOLUTIONS GROUP LIMITED                                              
(Incorporated in the Republic of South Africa)                                  
Registration number 1999/026822/06                                              
Share Code: SQE     ISIN: ZAE000023768                                          
("Square One" or "the company")                                                 
TRADING UPDATE                                                                  
Shareholders are advised that the company is in the process of finalising its   
results for the year ended 31 December 2009.  The company expects its results to
reflect a decline in earnings per share of at least 20% when compared to the    
results reflected in the comparative period and an increase in headline earnings
per share of at least 20% when compared to the results reflected in the         
comparative period.                                                             
At this stage, the company is unable to quantify, with the degree of certainty  
required for a more accurate update, the expected basic and headline earnings / 
loss per share for the year ended 31 December 2009 and will release a further   
announcement containing such detail as soon as possible. The financial          
information on which this trading update is based has not been reviewed or      
reported on by the company`s auditors.                                          
Square One`s results for the year ended 31 December 2009 are expected to be     
released on SENS on or about 15 April 2010.                                     
Johannesburg                                                                    
8 April 2010                                                                    
Sponsor:                                                                        
Grindrod Bank Limited                                                           
Date: 08/04/2010 15:22:01 Produced by the JSE SENS Department.                  
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information disseminated through SENS.                                          
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