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Fri 26 Nov 2010, 8:45 LBH - Liberty Holdings - Trading statement in terms of paragraph 3.4 (b)
LBH
LBH                                                                             
LBH - Liberty Holdings - 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")                                           
TRADING STATEMENT IN TERMS OF PARAGRAPH 3.4 (b) OF THE JSE LISTINGS REQUIREMENTS
The 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` comprehensive income, total and headline earnings for the year ending 
31 December 2010 will be at least 20% better than the result reported for the   
year ended 31 December 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 the information, on which this trading statement  
is based, has neither been audited nor reviewed by Liberty Holdings` auditors.  
26 November 2010                                                                
Sponsor:                                                                        
Merrill Lynch South Africa (Pty) Limited                                        
Date: 26/11/2010 08:45:01 Produced by the JSE SENS Department.                  
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