The Tongaat-Hulett Group Limited
Registration number 1892/000610/06
JSE Code: TNT
ISIN: ZAE000007449
Update for the year to 31 December 2002
Operating earnings for the year to 31 December 2002 show strong growth in line
with expectations. Headline earnings for the year will however, be significantly
impacted by the reversal of R151 million of the unrealised translation gain of
R255 million recorded last year. This arises from the valuation at year-end of
the underlying reserves, of approximately 42 million, pertaining to offshore
cash resources held for future growth opportunities.
The final audited results for the year ended 31 December 2002 will be released
on 19 February 2003.
Date: 15/01/2003 04:00:00 PM Produced by the JSE SENS Department
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