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Mon 4 Apr 2005, 17:19 Ellerine Holdings Limited - Revised Trading Statem
Ellerine Holdings Limited - Revised Trading Statement                           
ELLERINE HOLDINGS LIMITED                                                       
(Incorporated in the Republic of South Africa)                                  
(Registration number 1968/013402/06)                                            
Share code:  ELH      ISIN:  ZAE000022752                                       
(`Ellerines` or `the company`)                                                  
REVISED TRADING STATEMENT                                                       
Shareholders are referred to the trading statement released on SENS on Thursday,
31 March 2005, in which it was mentioned that headline earnings per share were  
expected to be 20% - 25% higher than that of the prior comparative period.      
However, subsequent to the release of the aforementioned trading statement, it  
was determined that due to the different accounting treatment of the acquisition
costs for the Relyant Retail Limited transaction, the headline earnings per     
share are now expected to be 25% - 30% higher than those of the prior           
comparative period.                                                             
The above information has not been reviewed or reported on by the company`s     
auditors and the company`s results for the six months ended 28 February 2005 are
expected to be published on or about 13 April 2005.                             
Johannesburg                                                                    
04 April 2005                                                                   
Sponsor                                                                         
Nedbank Capital                                                                 
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