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Fri 29 Oct 2010, 16:32 SFH - S A French Limited - Revised trading update
SFH
SFH                                                                             
SFH - S A French Limited - Revised trading update                               
S A FRENCH LIMITED                                                              
Incorporated in the Republic of South Africa                                    
(Registration number 1982/009174/06)                                            
Share code: SFH  ISIN: ZAE000108890                                             
("SA French" or "the company")                                                  
REVISED TRADING UPDATE                                                          
In terms of the Listings Requirements of JSE Limited, companies are required to 
publish a trading statement as soon as they become reasonably certain that the  
financial results for the period to be reported on will differ by more than 20% 
from the previous corresponding period.                                         
Further to the trading update released on SENS on 6 October 2010, a review of   
the financial results for the year ended 30 June 2010 by management has         
indicated that SA French will report a net asset value and net tangible asset   
value of between 26.48 and 32.82 cents per share compared to the net asset value
and net tangible asset value of 31.70 cents per share for the year ended 30 June
2009.                                                                           
It is anticipated that a loss per share of between 2.33 and 3.57 cents and a    
headline loss per share of between 1.72 and 3.04 cents for the year ended 30    
June 2010 will be reported, compared to the loss per share of 6.60 cents and the
headline loss per share of 7.00 cents for the year ended 30 June 2009.          
The financial information on which this trading statement is based has not been 
reviewed or reported on by the company`s auditors. SA French`s financial results
are expected to be released on SENS on or about 29 October 2010.                
Johannesburg                                                                    
29 October 2010                                                                 
Designated Adviser                                                              
Merchantec Capital                                                              
Date: 29/10/2010 16:32:01 Produced by the JSE SENS Department.                  
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