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Wed 12 May 2010, 8:48 SPS - Spescom Limited - Trading update
SPS
SPS                                                                             
SPS - Spescom Limited - Trading update                                          
Spescom Limited                                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1987/001083/06)                                           
Share code: SPS ISIN: ZAE000017919                                              
("Spescom")                                                                     
TRADING UPDATE                                                                  
Shareholders are advised that Spescom is expecting an increase of between 40%   
and 50% in attributable earnings and headline earnings for the six months ended 
31 March 2010 compared to the corresponding reporting period. A commensurate    
increase in headline earnings per share and earnings per share is anticipated.  
Spescom`s operating performance continued to improve during the period in line  
with a further improvement in the relative contribution from the higher margin  
service related activities. Lower finance costs also contributed to the increase
in profitability.                                                               
This forecast has not been reviewed or reported on by Spescom`s auditors.       
The unaudited results for the six months ended 31 March 2010 are expected to be 
published on or about 20 May 2010.                                              
Midrand                                                                         
12 May 2010                                                                     
Sponsor: Investec Bank Limited                                                  
Date: 12/05/2010 08:48:49 Produced by the JSE SENS Department.                  
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