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Thu 13 May 2010, 7:31 LBH - Liberty Holdings Limited - Trading statement in terms of paragraph 3.4 (b)
LBH
LBH                                                                             
LBH - Liberty Holdings Limited - Trading statement in terms of paragraph 3.4 (b)
of the JSE listings requirements                                                
Liberty Holdings Limited                                                        
Registration number 1968/002095/06                                              
Incorporated in the Republic of South Africa                                    
Share code: LBH                                                                 
ISIN code: ZAE0000127148                                                        
("Liberty Holdings" or "the Company")                                           
LIBERTY HOLDINGS LIMITED                                                        
TRADING STATEMENT IN TERMS OF PARAGRAPH 3.4 (b) OF THE JSE LISTINGS REQUIREMENTS
Effective 1 April 2010, the revised JSE Listings Requirements oblige companies  
to provide guidance to the market when they are satisfied that a reasonable     
degree of certainty exists that the financial results for the period to be      
reported on next will differ by at least 20% from the results of the previous   
corresponding period.  Accordingly, the Board makes the following statement.    
The Board is satisfied that a reasonable degree of certainty exists that Liberty
Holdings` headline earnings for the six months to 30 June 2010 will be at least 
20% better than the result reported for the six months to 30 June 2009.  There  
is currently insufficient certainty to be able to provide guidance on the extent
of the expected improvement in performance.                                     
Audit Review                                                                    
Shareholders are advised that this information has neither been audited nor     
reviewed by Liberty Holdings` auditors.  An actuarial valuation was not         
performed on the first quarter results.                                         
13 May 2010                                                                     
Sponsor                                                                         
Merrill Lynch South Africa (Pty) Ltd                                            
Date: 13/05/2010 07:31:01 Produced by the JSE SENS Department.                  
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