MML 201210150042A
Trading Statement
Metmar Limited
Incorporated in the Republic of South Africa
(Registration number: 1998/007269/06)
Share code: MML
ISIN code: ZAE000078747
(“the Company” or “Metmar”)
TRADING STATEMENT
In terms of the JSE Limited Listings Requirements, companies are required to publish a
trading statement as soon as they are satisfied with a reasonable degree of certainty
that the financial results of the period to be reported upon will differ by 20% or more from
the financial results of the previous corresponding period.
Accordingly, Metmar shareholders are advised that:
• headline earnings per share (“HEPS”) for the six month period ended 31 August
2012 are expected to decrease by between 70% and 90% over those of the
previous corresponding period; and
• basic earnings per share (“EPS”) for the six month period ended 31 August 2012
are expected to decrease by between 64% and 84% over those of the previous
corresponding period.
The main contributors to the decrease in the Company’s HEPS and EPS are the
decrease in commodity prices, increases in costs and higher financing charges during
the six months ended 31 August 2012.
HEPS and EPS were adversely affected by an increase in the weighted average number
of shares in issue following the share issue for cash, on 2 July 2012.
The financial information on which this trading statement is based has not been reported
on by the Company's auditors.
Shareholders are advised that the results for the six month period ended 31 August
2012 will be released before the end of October 2012.
15 October 2012
Bryanston
Sponsor
One Capital
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