BCX - TRADING STATEMENT
Business Connexion Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1988/005282/06)
Share code: BCX
ISIN: ZAE000054631
(`BCX`)
TRADING STATEMENT
Business Connexion is currently finalising its results for the six months ended
30 November 2004, which should be released before 28 February 2005. In this
regard, shareholders are advised that earnings per share (`EPS`) are likely to
be between 160% - 180% higher, and headline earnings per share (`HEPS`) are
likely to be between 10% - 20% higher than the pro forma figures reported on in
the circular published to shareholders of Comparex Holdings Limited on 8 April
2004 regarding the restructure of the Comparex Holdings group. (EPS: 20.0 and
HEPS: 19.6)
The increase in EPS is primarily attributable to the gain realised on the sale
of the group`s interest in Mosaic Software Holdings Limited.
The financial information on which this trading statement is based has not been
reviewed and reported on by the Company`s auditors, in accordance with the JSE
Securities Exchange South Africa Listings Requirements.
Midrand
4 February 2005
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)CORPORATE FINANCE
Date: 04/02/2005 02:46:12 PM
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