Dorbyl Limited - Trading Update
DORBYL LIMITED
(Incorporated in the Republic of South Africa)
(Registration no. 1911/001510/06)
Ordinary share code: DLV
ISIN: ZAE000002184
Preference share code (5%): DLVP
ISIN: ZAE000002200
Preference share code (5.5%): DLP1
ISIN: ZAE000002168
(`Dorbyl`)
Trading Update
In terms of the Listings Requirements of the JSE Securities Exchange South
Africa (`JSE`), 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 difference of 20% or more from those of the previous
corresponding period.
Dorbyl hereby advises that for the financial year ended 31 March 2005, it is
expecting earnings per share to be 10% to 30% below, and headline earnings per
share to be 30% to 50% above those reported for the previous financial year
ended 31 March 2004. The main reason for the decline in earnings per share is
an exceptional profit of R27,2 million comprising mainly the profit on disposals
of businesses in the prior comparative period versus exceptional losses of
R22,7m in the period to be reported on.
The information in this trading statement has not been reviewed or reported on
by Dorbyl`s auditors.
The financial results for the year ended 31 March 2005 are expected to be
published on or about 25 May 2005.
Johannesburg
9 May 2005
Sponsor - PSG Capital Limited
Date: 09/05/2005 04:59:32 PM
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