AMS
ANANP
AMS - Anglo Platinum Trading Statement - Anglo Platinum trading statement
Anglo Platinum Trading Statement
Issuer Long Name : Anglo Platinum Limited
Registration No. : 1946/022452/06
Instrument Alpha Code/Ticker Symbol : AMS
ISIN : ZAE000013181
ANGLO PLATINUM TRADING STATEMENT
In accordance with section 3.4(b) of the Listings Requirements of the JSE
Limited. Anglo Platinum hereby advises shareholders that both basic earnings
per share and headline earnings per share for the half year ended 30 June 2010
are expected to increase by at least 20% from the basic earnings per share of
1,144 cents and headline earnings per share of 169 cents for the half-year ended
30 June 2009. This is despite the increase in number of shares in issue
following the rights offer.
The expected increase in earnings is primarily as a result of the higher Rand
prices achieved on metals sold. In addition, basic earnings will be impacted by
the profit on the disposal of the Group`s 37% interest in the Western Bushveld
joint venture to Wesizwe Platinum Limited.
Once the company has reasonable certainty of the range of increase, such range
will be published in a further trading statement.
The financial information on which this trading statement is based has not been
reviewed and reported on by the Company`s auditors. Anglo Platinum intends
publishing its interim results on Monday, 26 July 2010.
For further information please contact
Anna Mulholland
011 373 6683
Johannesburg
17 May 2010
Sponsor
Merrill Lynch South Africa (Pty) Limited
Date: 17/05/2010 15:07:02 Produced by the JSE SENS Department.
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