BOWLER METCALF LIMITED - TRADING UPDATE AND CAUTIONARY ANNOUNCEMENT
BOWLER METCALF LIMITED
Reg. No.: 1972/005921/06
JSE Share Code: BCF
ISIN Code: ZAE000030797
TRADING UPDATE AND CAUTIONARY ANNOUNCEMENT
In terms of the Listing Requirements of the JSE Securities Exchange South Africa
(`JSE`), a listed company is required to publish a trading statement as soon as
it becomes aware that its financial results for the next reporting period will
be materially different from those of the previous corresponding period.
As Bowler Metcalf`s year end has changed to 30 June 2004, the period covered by
our next report will be for the eighteen months then ended and the previous
corresponding period will be the audited figures for the twelve months ended 31
December 2002.
Accordingly, shareholders are advised that it is anticipated that Bowler
Metcalf`s results for the eighteen months ending 30 June 2004 will be
materially* higher than those of the corresponding eighteen month period ended
30 June 2003. Anticipated results for the six months ending 30 June 2004 will be
substantially** higher than those of the six months ended 30 June 2003, both of
which periods form part of the eighteen month period next to be reported on.
As the trading update has not been reviewed or reported on by Bowler Metcalf`s
auditors, shareholders are advised to exercise caution when dealing in the
shares of Bowler Metcalf until the release of the final results for the eighteen
months ended 30 June 2004, which are due to be released early in September 2004.
* `materially` is defined by the JSE listings requirements as a difference of
between 10% and 30%.
** `substantially is defined by the JSE listings requirements as a difference
of greater than 30%.
Ottery, Cape Town
4 June 2004
Sponsor
LPC MANHATTAN
LPC Manhattan Sponsors (Pty) Ltd
Registration number 1999/012479/07
Date: 04/06/2004 10:11:07 AM Produced by the JSE SENS Department
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