Amalgamated Beverage Industries Limited - Trading Statement and Cautionary
Announcement
Amalgamated Beverage Industries Limited
(Incorporated in the Republic of South Africa)
(Registration Number 1970/006820/06)
Share code: ABI
ISIN number: ZAE000000048
("ABI" or "the company")
Trading Statement and Cautionary Announcement
This Trading Statement and Cautionary Announcement is issued in accordance with
the revised JSE Securities Exchange South Africa Listings Requirements ("the
revised requirements") which became effective on 1 September 2003.
Trading Statement
ABI"s earnings and headline earnings for the six months ending 30 September 2003
are expected to be materially higher (as defined in the revised JSE
requirements) than the earnings for the comparative six months period.
The reasons for the increase in earnings are mainly due to volume growth and
further supported by inflation linked price increases in February 2003. The
company continued to focus on increased efficiencies in manufacturing and
distribution processes and this will also contribute positively to the results.
Cautionary Announcement
The above earnings information has not been reviewed and reported on by a
reporting accountant. Shareholders are therefore advised to exercise caution
when dealing in the company"s shares until the publication of the company"s
interim results on 31 October 2003. As a result of this cautionary announcement,
the company has now entered a closed period, which will end on 31 October 2003.
By order of the Board
Johannesburg, South Africa
23 September 2003
Sponsor
Cazenove
Date: 23/09/2003 07:09:06 AM Produced by the JSE SENS Department
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