AST Group Limited - Trading Statement and Cautionary Announcement
AST Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/021790/06)
Share code: AAA
ISIN: ZAE000049441
("AST")
Trading Statement and Cautionary Announcement
In terms of the Listings Requirements of the JSE Securities Exchange, South Africa ("the Listing Requirements") a listed company is required to publish a trading statement as soon as it becomes aware that the financial results for the next period to be reported on will be materially different from those of the previous corresponding period.
Shareholders are advised that AST"s headline loss per share for the six months ended 31 December 2003, after full expensing of once-off costs related to the Business Improvement Programme, is expected to be substantially less than that of the comparative period in 2002 as adjusted for the 10:1 share consolidation in November 2003 ("substantial" is defined in the Listings Requirements as being equal to or greater than 30%).
As the financial results have not been reviewed and reported on by AST"s auditors, shareholders are advised to exercise caution when dealing in AST"s shares until publication of the interim financial results for the six month period ended 31 December 2003 on or about 11 March 2004.
Midrand
16 February 2004
Sponsor Cazenove
Date: 16/02/2004 09:40:02 AM Produced by the JSE SENS Department
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