INTERTRADING -
INTERTRADING LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/004777/06)
Share code ITR
ISIN ZAE000015566
("Intertrading" or "the company")
TRADING UPDATE AND CAUTIONARY ANNOUNCEMENT
The continued strength of the Rand continues to impact negatively on the
company"s revenue. In addition losses incurred in closing the grain trading
division will be greater than originally anticipated.
It is therefore expected that the interim headline earnings for the six months
to 31 August 2003 will be substantially lower (as defined in the Listings
Requirements of the JSE Securities Exchange South Africa) than those of the
comparative period last year.
The above earnings information has not been reviewed or reported on by the
company"s auditors. Shareholders are accordingly advised to exercise caution
when dealing in the company"s securities until the publication of its interim
results in approximately three weeks time when more detailed information will be
provided.
JOHANNESBURG
9 October 2003
Sponsor
Sasfin Corporate Finance
A division of Sasfin Bank Limited
Date: 09/10/2003 01:58:02 PM Supplied by www.sharenet.co.za
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