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Tue 22 Feb 2005, 16:42 Proper Group Limited - Trading Statement
Proper Group Limited - Trading Statement                                        
PROPER GROUP LIMITED                                                            
(Registration Number 1998/001940/06)                                            
Share Code:   PRO             ISIN:  ZAE000027181                               
(`Proper`)                                                                      
TRADING STATEMENT                                                               
Proper is expecting, for the period ending 31 August 2004, an increase of       
between 45cents and 52cents in earnings per share in comparison to the loss of  
29.4cents per share and an increase in headline earnings per share of between   
16cents and 18cents per share in comparison to the loss of 17,6 cents per share 
for the comparative period.  The increase is attributable to the restructuring  
of the group undertaken by the directors over the last twelve months.  The      
information in this trading statement has not been reviewed or reported on by   
Proper`s auditors.                                                              
Johannesburg                                                                    
22 February 2005                                                                
Sponsor                                                                         
RiverGroup                                                                      
Date: 22/02/2005 04:10:01 PM               
Produced by the JSE SENS Department                                             
                                                                                
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