Set Point -
SET POINT TECHNOLOGY HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1996/014334/06)
Share code: STO ISIN: ZAE000013629
("Set Point" or "the company")
Trading statement
In the 2002 annual report it was stated that Set Point management was
confident that the year ahead would show a continuing improvement in
profitability and an enhancement in shareholder value.
The strengthening of the rand and timing differences in the order chain
caused Set Point to experience a downturn in business during the past six
months. Whilst operating income is expected to be in line with the previous
year, headline earnings per share will be materially lower than last year"s
results.
This financial forecast has not been reviewed and reported on by the
auditors. Shareholders are advised to exercise caution when dealing in the
company"s shares until the publication of the financial results in October 2003.
Johannesburg
15 August 2003
Sponsor
SCMB
Standard Corporate and Merchant Bank
(A division of The Standard Bank of South Africa Limited)
(Registration number 1962/000738/06)
Date: 15/08/2003 01:37:51 PM Supplied by www.sharenet.co.za
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