Brait S.A. - Trading Statement And Cautionary Announcement
Brait S.A.
Societe Anonyme
(Incorporated in Luxembourg)
(RC Luxembourg B-13861)
Share code: BAT ISIN: LU0011857645
("Brait" or "the company")
TRADING STATEMENT AND CAUTIONARY ANNOUNCEMENT
In terms of the Listings Requirements, Brait is required to publish a trading
statement as soon as it becomes aware that the financial results for the period
to be reported upon next will be materially different from that of the previous
corresponding period. Brait"s results for the financial year ending 31 March
2004 are anticipated to be released on or about 26 May 2004. Brait accordingly
advises that it expects both earnings per share and headline earnings per share
for the financial year ending 31 March 2004 to be substantially above earnings
per share and headline earnings per share for the financial year ended 31 March
2003. In terms of the JSE Listings Requirements, "substantially" is defined as
an increase or decrease of more than 30%.
Cautionary announcement
The above information has not been reviewed or reported on by the Company"s
auditors. Shareholders are therefore advised to exercise caution when dealing in
the Company"s securities until the publication of the Company"s results for the
financial year ending 31 March 2004.
Luxembourg
4 March 2004
Lead sponsor
Deloitte & Touche Sponsor Services (Pty) Ltd
(Incorporated in the Republic of South Africa)
(Registration number 1996/000034/07
Joint sponsor
Brait Sponsors (Proprietary) Limited
(Registration number 2000/031069/07)
Date: 04/03/2004 04:05:02 PM Produced by the JSE SENS Department
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