Cargo Carriers Limited - Trading Statement
CARGO CARRIERS LIMITED
(Registration Number 1959/003254/06)
Share code: CRG
ISIN: ZAE000001764
(`CCL`)
TRADING STATEMENT
Shareholders are advised that CCL`s headline earnings per share for the year
ended 28 February 2005 are expected to be 45% to 55% above the headline earnings
per share for the comparable period in the previous year.
The main factors which have favourably impacted headline earnings per share are
an adjustment to earnings per share for the impairment of goodwill in the group
and a reduced adjustment in respect of the write-up of investment property to
fair value. However, earnings per share will increase by less than 10%.
The financial information on which this trading statement is based has not been
reviewed nor reported on by CCL`s auditors. The audited results for the year
ended 28 February 2005 are expected to be published on or about 12 May 2005.
Elandsfontein
9 May 2005
Sponsor
LPC Manhattan Moela (Pty) Limited
Date: 09/05/2005 02:30:04 PM
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