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Thu 24 Mar 2005, 17:01 Sable - Trading Statement
Sable - Trading Statement                                                       
Sable Holdings Limited                                                          
(Incorporated in the Republic of South Africa)                                  
(Registration Number  1968/010636/06)                                           
(`Sable` or `the Company`)                                                      
Share Code: SBL           ISIN: ZAE000006383                                    
TRADING STATEMENT                                                               
In terms of the Listings Requirements of the JSE Securities Exchange South      
Africa 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 show a 20% or more difference from those of  
the previous corresponding period.                                              
Sable is expecting a decrease of between 50% and 70% in earnings per share and  
headline earnings per share for the interim period ended 31 December 2004 (`the 
interim results`) compared to that of the previous comparative period.          
The information in this trading statement has not been reviewed or reported on  
by Sable`s auditors.  The release of the interim results announcement is        
expected to be published on or before 30 March 2005.                            
Johannesburg                                                                    
24 March 2005                                                                   
Sponsor                                                                         
Sasfin Corporate Finance                                                        
A division of Sasfin Bank Limited
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