MUTUAL & FEDERAL INSURANCE COMPANY LIMITED - TRADING STATEMENT AND CAUTIONARY
ANNOUNCEMENT
MUTUAL & FEDERAL INSURANCE COMPANY LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1970/006619/06
SHARE CODE: MAF ISIN No: ZAE000010823
(`Mutual & Federal` or `the company`)
TRADING STATEMENT AND CAUTIONARY ANNOUNCEMENT
Shareholders are advised that should the current underwriting performance and
the general investment market conditions continue until 30 June 2004, operating
earnings for the half year ending on 30 June 2004 will be substantially higher
than that of the prior comparative period.
Further details will be provided when the results for the half year ended 30
June 2004 are published on or about 26 July 2004.
The above earnings estimate has not been reviewed and reported on by the
company`s auditors and therefore shareholders are advised to exercise caution
when dealing in Mutual & Federal shares until the aforementioned results for the
half year ending 30 June 2004 are published.
Johannesburg
11 June 2004
Sponsor
Nedbank Capital
Date: 11/06/2004 08:30:09 AM Produced by the JSE SENS Department
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