Putprop - Trading Statement And Cautionary Announcement
PUTCO PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1988/001085/06)
Share code: PPR
ISIN: ZAE000005567
(`THE COMPANY` OR `PUTPROP`)
TRADING STATEMENT AND CAUTIONARY ANNOUNCEMENT
Shareholders are advised that Putprop`s earnings for the year ended 30 June 2004
are expected to be between 35% and 45% higher than those reported in respect of
the previous financial year whilst its headline earnings are expected to be
between 0% and 10% higher than the prior year. The increase in earnings is
largely attributable to a reduction in the impairment of investment properties.
Shareholders are advised that the financial information is still in the process
of being reviewed by the company`s auditors and are accordingly advised to
exercise caution when dealing in the company`s securities until the release of
the final results for the financial year ended 30 June 2004 which will be
published by no later than 30 September 2004.
Sandton
8 September 2004
Sponsor: Ernst & Young Sponsors (Proprietary) Limited
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