Glenrand M.I.B Limited - TRADING UPDATE AND CAUTIONARY ANNOUNCEMENT
Glenrand M.I.B Limited
(Incorporated in the Republic of South Africa)
(Registration number 1997/008001/06)
Share Code: GMB ISIN: ZAE000018529
("Glenrand M.I.B")
TRADING UPDATE AND CAUTIONARY ANNOUNCEMENT
Glenrand M.I.B shareholders are advised that headline earnings for the six
months ended 31 December 2003 will be materially (materially being between 10%
and 30% as defined in the JSE Securities Exchange Listings Requirements) higher
than that of the previous comparative period as a result of the positive results
of our core risk advisory business and the reduced negative impact of
discontinuing operations.
Further details of the above will be provided when Glenrand
M.I.B"s results for the six months ended 31 December 2003 are published on or
about 18 February 2004.
As the headline earnings for the six months ended 31 December 2003 have not been
reviewed and reported on by Glenrand M.I.B"s auditors, shareholders are advised
to exercise caution when dealing in Glenrand M.I.B"s shares until the
aforementioned six months results are published.
Johannesburg
29 January 2004
Sponsor
Nedbank Corporate
Date: 29/01/2004 04:31:02 PM Produced by the JSE SENS Department
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