Trading update and cautionary announcement
AFRICAN AND OVERSEAS ENTERPRISES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1947/027461/06)
(Share code: AOO ISIN: ZAE000000485)
(Share code AON ISIN: ZAE 000009718)
(Share code AOVP ISIN: ZAE000000493)
("AOE")
Trading update and cautionary announcement
Shareholder"s are advised that earnings for the year ended 30 June 2003 will be
substantially higher ("substantially" being an increase in excess of 30% as
defined in the revised JSE Securities Exchange South Africa Listings
Requirements) than those of the prior comparative period.
The improvement in earnings is largely attributable to an increased contribution
from Rex Trueform Clothing Limited resulting from higher levels of turnover and
profit achieved by its Queenspark Retail Division.
Further details will be provided when the preliminary results for the year ended
30 June 2003 are published on or about 5 September 2003.
As a result of the above and as the earnings estimate has not been reviewed and
reported on by AOE"s auditors, shareholders are advised to exercise caution when
dealing in AOE shares until the aforementioned preliminary results are
published.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
