CORWIL INVESTMENTS LIMITED - TRADING STATEMENT AND CAUTIONARY ANNOUNCEMENT
CORWIL INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/000732/06)
Share code: CRW ISIN: ZAE000001806
(`Corwil` or `the company`)
In terms of the Listings Requirements of the JSE Securities Exchange South
Africa (`JSE Listings Requirements`), companies are required to publish a
trading statement as soon as they become aware that the financial results for
the period to be reported upon next will be materially different from that of
the prior period.
Corwil accordingly advises that it expects headline earnings for the year ended
31 March 2004 to be substantially below headline earnings reported for the year
ended 31 March 2003. In terms of the JSE Listings Requirements, substantially
is defined as meaning an increase or decrease equal or greater than 30%.
The financial results of the company and its subsidiaries have not been reviewed
or reported on by the company`s auditors. Shareholders are advised to exercise
caution when dealing in the shares of Corwil until the release of the company`s
results for the year ended 31 March 2004.
Johannesburg
27 May 2004
SPONSOR
SASFIN CORPORATE FINANCE
A division of SASFIN BANK LIMITED
Date: 27/05/2004 04:46:02 PM Produced by the JSE SENS Department
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