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Mon 21 Nov 2011, 16:42 IDE - Ideco Group Limited - Trading statement
IDE
IDE                                                                             
IDE - Ideco Group Limited - Trading statement                                   
Ideco Group Limited                                                             
Incorporated in the Republic of South Africa                                    
Registration number 2001/023463/06                                              
Share code: IDE                                                                 
ISIN code: ZAE000107579                                                         
("Ideco" or "the company")                                                      
TRADING STATEMENT                                                               
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 that of the previous corresponding period.         
Ideco is currently finalising its results for the year ended 31 August          
2011.                                                                           
Shareholders are advised that the loss per share will be approximately 0,47     
cents per share compared to a loss of   3,41 cents per share for the year       
ended 31 August 2010. The headline loss per share will be approximately         
0,25 cents per share for the year ended 31 August 2011 compared to the          
headline loss of 3,39 cents per share for the year ended 31 August 2010.        
The reviewed results will be published on 30 November 2011.                     
The directors believe that a solid foundation has been laid for long-term       
sustainable growth and remain confident of the company`s growth prospects.      
The financial information on which this trading statement is based has not      
been reviewed by the company`s auditors.                                        
21 November 2011                                                                
Bryanston                                                                       
Designated Advisor to the company                                               
QuestCo Sponsor (Pty) Ltd                                                       
Date: 21/11/2011 16:42:01 Produced by the JSE SENS Department.                  
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