Nictus Limited - TRADING UPDATE AND CAUTIONARY ANNOUNCEMENT
Nictus Limited
("Nictus")
(Incorporated in South Africa)
(Registration number 1981/001858/06)
JSE Share Code: NCS
NSX Share Code: NCT
ISIN Number: NA0009123481
TRADING UPDATE AND CAUTIONARY ANNOUNCEMENT
It is expected that the results of Nictus for the year ended 31 March 2004, that
will be released on SENS on or about 11 June 2004 will show a substantial
decrease on the audited results of the previous comparative period, being the
year ended 31 March 2003. The word substantial in this context is defined as
meaning a difference of greater than 30%. The lower results are due to negative
trading conditions experienced in both South Africa and Namibia due to the
reduction in the interest rates during the second half of the year combined with
the effects of the strengthening of the Rand against other major currencies.
The financial information on which this trading statement is based has not been
reviewed or reported on by Nictus" auditors, therefore, shareholders are advised
to exercise caution when dealing in their Nictus shares until the results are
released on SENS on or about 11 June 2004.
Pretoria
26 March 2004
KPMG Sponsor
Date: 26/03/2004 05:15:02 PM Produced by the JSE SENS Department
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