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Thu 28 Apr 2011, 10:38 SER/SRN - Seardel Investment Corporation Limited - Trading Statement
SER   SRN
SER                                                                             
SER/SRN - Seardel Investment Corporation Limited - Trading Statement            
SEARDEL INVESTMENT CORPORATION LIMITED                                          
("Seardel" or "the Group")                                                      
Registration number: 1968/011249/06                                             
(Incorporated in the Republic of South Africa)                                  
JSE share code: SER                                                             
ISIN: ZAE000029815                                                              
JSE share code: SRN                                                             
ISIN: ZAE000030144                                                              
TRADING STATEMENT                                                               
In terms of the Listing Requirements of the JSE Limited, companies are required 
to publish a trading statement as soon as they are satisfied that a reasonable  
degree of certainty exists that the financial results for the period to be      
reported upon next will differ by at least 20% from the financial results for   
the previous corresponding period.                                              
Seardel accordingly advises that for the year ended 31 March 2011 the Group     
expects its financial results to fall within the following ranges:              
                                            2011                2010            
                                            Cents               Cents           
Attributable profit/(loss) per share         0.0 - 5.0           (28.96)        
Headline loss per share                      0.0 - (5.0)         (22.19)        
The financial information on which this trading statement is based has not been 
reviewed or reported on by the Group`s auditors.                                
The audited results for the year ended 31 March 2011 are expected to be released
on SENS on 31 May 2011.                                                         
28 April 2011                                                                   
Sponsor                                                                         
Java Capital                                                                    
Date: 28/04/2011 10:38:01 Produced by the JSE SENS Department.                  
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