SHOPRITE HOLDINGS LIMITED - FURTHER TRADING UPDATE
SHOPRITE HOLDINGS LIMITED - FURTHER TRADING UPDATE
Shoprite Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1936/007721/06)
ISIN no: ZAE 000012084
JSE share code: SHP
NSX share code: SRH
LuSE share code: SHOPRITE
(`Shoprite`)
FURTHER TRADING UPDATE
Shareholders are referred to the trading update released on Monday, 10 January
2005, in which it was announced that the trading period for the six months ended
2 January 2005, comprised 27 weeks, as against the previous corresponding
period, which comprised 26 weeks. Accordingly, shareholders are advised that the
headline earnings per share are expected to be 50% - 60% higher than those for
the previous corresponding period. This is due to the longer trading period as
well as a decrease in foreign exchange losses.
Earnings per share are however only expected to increase 10% - 20% when compared
to the previous corresponding period due to a large exceptional item relating to
the amortisation of negative goodwill, which came through in the results for the
six months ended 31 December 2003 and which was not repeated for the period
ended 2 January 2005.
Further details will be provided when Shoprite`s results for the six months
ended 2 January 2005 are published on 22 February 2005.
The above statements have not been reviewed and reported on by Shoprite`s
auditors.
Cape Town
3 February 2005
Sponsor
Nedbank Capital
Date: 03/02/2005 04:07:03 PM
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