Corwil Investments Limited - Trading Statement
CORWIL INVESTMENTS LIMITED
(INCORPORATED IN THE REPUBLIC OF SOUTH AFRICA)
(REGISTRATION NUMBER 1987/000732/06)
SHARE CODE: CRW ISIN: ZAE000001806
(`CORWIL` OR `THE COMPANY`)
TRADING STATEMENT
In terms of the Listings Requirements of the JSE Securities Exchange South
Africa (`JSE`) relating to Trading Statements a listed company is required to
publish a trading statement as soon as it becomes aware that the financial
results for the next period to be reported on will differ by at least 20% or
more from those of the previous corresponding period.
Corwil is expecting a decrease of between 90% and 100% in earnings per share and
in headline earnings per share for the interim period ended 30 September 2004
compared to that of the comparative period. This is mainly as a result of a
decrease in dividends and interest received. In this regard shareholders are
reminded that the company received a liquidation dividend in the prior year of
R709 000 which was not repeated in the period ended 30 September 2004.
The information in this trading statement has not been reviewed or reported on
by Corwil`s auditors. The interim results announcement is expected to be
published on or about 7 December 2004.
Johannesburg
22 November 2004
Sponsor
Sasfin Corporate Finance
A division of Sasfin Bank Limited
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