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Tue 18 May 2010, 13:15 PSV - PSV Holdings Limited - Trading update
PSV
PSV                                                                             
PSV - PSV Holdings Limited - Trading update                                     
PSV HOLDINGS LIMITED                                                            
(Incorporated in the Republic of South Africa)                                  
(Registration number 1988/004365/06)                                            
JSE code: PSV                                                                   
ISIN: ZAE000078705                                                              
("PSV" or "the company")                                                        
TRADING UPDATE                                                                  
PSV is currently finalising its results for the year ended                      
28 February 2010 and the directors advise that the company expects headline     
earnings per share ("HEPS") of between 5 cents and 6 cents and a loss per share 
("LPS") of between 33 cents and 35 cents, compared to HEPS of 6.97 cents and EPS
of 7.02 cents respectively, reported for the year ended 28 February 2009.       
The difference between HEPS and LPS relates almost entirely to impairments of   
goodwill and intangible assets totalling approximately R98 million.             
The financial information on which this trading update is based has not been    
reviewed or reported on by the company`s auditors.  PSV`s results for the year  
ended 28 February 2010 are expected to be published on SENS during the week     
ending 28 May 2010.                                                             
Johannesburg                                                                    
18 May 2010                                                                     
Designated adviser                                                              
Vunani Corporate Finance                                                        
Date: 18/05/2010 13:15:01 Produced by the JSE SENS Department.                  
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