LEWIS GROUP LIMITED - TRADING STATEMENT
Lewis Group Limited
(Incorporated in the Republic of South Africa)
(Formerly Rowmoor Investments 505 (Proprietary) Limited)
(Registration number: 2004/009817/06)
JSE share code: LEW ISIN: ZAE000058236
(`Lewis` or the `Company`)
Trading Statement
In terms of the Listings Requirements of the JSE Securities Exchange South
Africa, companies are required to publish a trading statement as soon as they
become reasonably certain that the financial results for the period to be
reported on next will be more than 20% different from that of the previous
corresponding period.
Lewis advises that both its earnings and headline earnings per share for the 6
months ended 30 September 2004 are expected to be between 50% to 60% higher than
the previous corresponding period`s earnings and headline earnings per share of
R 1.17 and R 1.16 respectively. The earnings and headline earnings per share are
based on 100 000 000 ordinary shares in issue. The increase in earnings results
firstly from a reduction in finance costs caused mainly by the restructuring of
the Lewis balance sheet prior to its recent listing. In addition, earnings
have benefited from a further improvement in the quality of the debtors book and
a continuation of positive trading.
The above information has not been reviewed or reported on by the Company`s
auditors.
Lewis expects to release its results for the six months ended 30 September 2004
on 15 November 2004.
Cape Town
14 October 2004
SPONSOR
UBS South Africa (Pty) Ltd
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