Alex White Holdings Limited -
Alex White Holdings Limited
(Registration number 1949/035016/06)
Share code: ALX
ISIN: ZAE 000000386
("Alex White" or "the company")
Trading update and cautionary announcement
In terms of the listing requirements of the JSE Securities Exchange, South
Africa, ("JSE"), a listed company is required to publish a trading statement as
soon as it becomes aware that the financial results of the next period to be
reported on will be materially different from those for the previous
corresponding period.
Alex White"s results for the six months ended 31 December 2003 will be
materially higher than in the corresponding period in the previous year
("materially being an increase of between 10% and 30% as defined in the JSE
Listing Requirements). This is partly due to improved operating efficiencies
and particularly due to the decline in the interest rates.
The interim results have not been reviewed and reported on by the company"s
auditors and shareholders are therefore advised to exercise caution when dealing
in the shares of the company on the JSE until the release of the announcement of
results for the six month period ended 31 December 2003 which will be published
in February.
Lea Glen
2 February 2004
Sponsor
Sasfin Corporate Finance
A Division of Sasfin Bank Limited
Date: 02/02/2004 02:42:02 PM Supplied by www.sharenet.co.za
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