BRAIT S.A.- TRADING STATEMENT AND CAUTIONARY ANNOU
BRAIT S.A.- TRADING STATEMENT AND CAUTIONARY ANNOUNCEMENT
Brait S.A.
Societe Anonyme
(Incorporated in Luxembourg)
(RC Luxembourg B-13861)
Share code: BAT ISIN: LU0011857645
(`Brait` or `the Company`)
TRADING STATEMENT AND CAUTIONARY ANNOUNCEMENT
Shareholders of Brait are advised that the Company expects both earnings per
share and headline earnings per share for the six-month period ending 30
September 2004 to be substantially above earnings per share and headline
earnings per share for the six-month period ended
30 September 2003. In terms of the JSE Securities Exchange South Africa Listings
Requirements, `substantially` is defined as an increase or decrease equal to or
greater than 30%.
Further details will be provided when Brait publishes the results for the six-
month period ending 30 September 2004, which is anticipated to be on or about 4
November 2004.
Cautionary announcement
As a result of the above and due to the fact that the earnings estimate has not
been reviewed or reported on by the Company`s auditors, shareholders are
advised to exercise caution when dealing in the Company`s securities until the
publication of the Company`s results for the six-month period ending 30
September 2004.
Luxembourg
1 October 2004
Lead sponsor
Deloitte & Touche Sponsor Services (Pty) Ltd
(Incorporated in the Republic of South Africa)
(Registration number 1996/000034/07)
Joint sponsor
Brait Sponsors (Proprietary) Limited
(Registration number 2000/031069/07)
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