SAIL GROUP LIMITED - TRADING UPDATE AND CAUTIONARY ANNOUNCEMENT
SAIL GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1941/014601/06)
(SAIL or the Company)
Share code: SIR
ISIN: ZAE000039962
TRADING UPDATE AND CAUTIONARY ANNOUNCEMENT
Shareholders are advised that earnings for the year ending 31 December 2003 will
be substantially higher than those of the prior comparative period.
The improvement in earnings is largely attributable to the restructuring that
was explained in detail in the annual financial statements for the year ended
31 December 2002.
Further details will be provided when SAILs results for the year ended
31 December 2003 are published in March 2004.
As the earnings estimate has not been reviewed and reported on by SAILs
auditors, shareholders are advised to exercise caution when dealing in SAIL
shares until the aforementioned results are published.
Cape Town
3 December 2003
Sponsor:
Nedbank Corporate
Date: 03/12/2003 05:05:02 PM Produced by the JSE SENS Department
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