BRIDGESTONE FIRESTONE MAXIPREST LIMITED - TRADING UPDATE
Bridgestone Firestone Maxiprest Limited
(Incorporated in the Republic of South Africa)
(Registration number 1988/006456/06)
("the Group")
Share Code BDS ISIN ZAE000027447
TRADING UPDATE
Due to the pressure on margins along with the impact of the appreciation of the
Rand against the US Dollar on export trading operations, it is expected that
anticipated earnings for the year will not be achieved.
The Board has also decided to make provision for the non-recoverability of a
debt due by an associate company in which the Group has a 40% equity stake.
The Board is confident that the areas of concern are being addressed and that
the Group will continue to show earnings growth.
Full details of the Group`s earnings will be provided in its annual results to
be released in mid February 2003.
By order of the Board
G. M. SINCLAIR
Company Secretary
Johannesburg, 10 January 2003
Brait Sponsors (Pty) Ltd
Date: 10/01/2003 04:55:23 PM Produced by the JSE SENS Department
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