Assore Limited - Trading Update
Assore Limited
(Incorporated in the Republic of South Africa)
(Registration number 1950/037394/06)
Share code: ASR
ISIN: ZAE000017117
(`the Assore group`)
TRADING UPDATE
Shareholders are advised that the Assore group has benefited from positive
market conditions over the past six months both in terms of sales volumes and in
respect of metal prices, particularly for manganese ore and manganese alloys,
with the result that headline and attributable earnings for the interim period
to 31 December 2004 are anticipated to be between R189,0 million and R209,0
million (6 months to 31 December 2003: headline earnings were R23,7 million and
attributable earnings were R23,8 million).
The above earnings forecast information has not been reviewed or reported on by
the Assore group`s auditors.
The interim results for the six months ended 31 December 2004 are expected to be
published by the middle of March 2005.
Illovo
Johannesburg
18 January 2005
Contact details:
Celine Stemmett
Switchboard: (+27 11) 770 6800
Direct line: (+27 11) 770 6948
Email: celinestemmett@assore.com
Sponsor
Standard Bank
Date: 18/01/2005 01:20:07 PM
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