Bytes Technology Group Limited - Trading Statement and Cautionary Announcement
BYTES TECHNOLOGY GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1911/003874/06)
Share code: BTG
ISIN: ZAE000029526
("BTG" or "the company")
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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
BTG"s headline earnings per share for the six months ended 31 August 2003 are
expected to be marginally up on the comparative six month period. However, due
to the increased goodwill amortisation relating to the acquisition of Plato
Computer Services (UK) Limited and the 50% plus 1 share interest in Xerox South
Africa (Proprietary) Limited, the earnings per share are expected to be
substantially lower (as defined in the revised requirements) than the
comparative six month period. These transactions were fully explained to
shareholders in the 2003 year end results released on 8 May 2003, and the
circular to shareholders dated 15 May 2003 respectively.
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 2 October 2003.
By order of the Board
Johannesburg
30 September 2003
Joint Sponsors
Cazenove
Nedbank Corporate
Date: 30/09/2003 05:03:48 PM Produced by the JSE SENS Department
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