HLM 201407110003A
Trading statement
HULAMIN LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1940/013924/06)
Share code: HLM
ISIN: ZAE000096210
("Hulamin” or “the Company”)
TRADING STATEMENT
Hulamin is currently finalising its results for the six months
ended 30 June 2014 and these results are expected to be released
on SENS on or about 28 July 2014.
In this regard, shareholders are advised that normalised earnings
per share are likely to be approximately 40% higher than in the
corresponding reporting period of the previous year whilst
headline earnings per share and basic earnings per share are
likely to be approximately 95% higher. The significantly larger
increase in headline and basic earnings per share is due to the
distortion caused by the accrual of severance costs at June 2013.
These severance costs were excluded from the determination of
normalised earnings at June 2013.
The financial information on which this trading statement is based
has not been reviewed and reported on by the Company’s auditors.
Pietermaritzburg
11 July 2014
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
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