PALS HOLDINGS LIMITED - TRADING STATEMENT AND CAUTIONARY ANNOUNCEMENT
PALS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/002753/06)
Share Code: PAL
ISIN: ZAE000055237
(Pals or the company)
TRADING STATEMENT AND CAUTIONARY ANNOUNCEMENT
In terms of the Listings Requirements of the JSE Securities Exchange South
Africa (JSE), listed companies are required to publish a trading statement as
soon as they become aware that the financial results for the period to be
reported on next will be materially different to that of the previous
corresponding period. Shareholders are advised that due to the adverse effect of
the strong Rand on the companys business the financial results for the six
month period ended 31 December 2003 will be substantially lower than that of the
previous corresponding financial period. The word substantially is defined by
the JSE Listings Requirements as meaning a difference equal to or greater than
30%.
The financial information on which this trading statement is based has not been
reviewed or reported on by the companys auditors and shareholders are therefore
advised to exercise caution in trading in the companys shares until release of
the interim results of Pals, which is expected during March 2004.
24 February 2004
Cape Town
Sponsor
SASFIN CORPORATE FINANCE
A division of Sasfin Bank Limited
Date: 24/02/2004 04:43:43 PM Produced by the JSE SENS Department
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