Assore Limited - Trading Update
Assore Limited
(Incorporated in the Republic of South Africa)
(Registration number 1950/037394/06)
Share code: ASR
ISIN: ZAE000017117
(`the Assore group`)
Shareholders are advised that the Assore group has continued to benefit from
positive market conditions since the interim earnings announcement, particularly
with respect to sales volumes and prices for manganese ore and manganese alloys.
As a result headline and attributable earnings for the year to 30 June 2005 are
anticipated to be between R400,0 million and R420,0 million (year ended 30 June
2004: headline earnings were R163,4 million and attributable earnings were
R169,6 million).
The above earnings forecast information has not been reviewed or reported on by
the Assore group`s auditors.
The final results for the year ending 30 June 2005 are expected to be published
by the middle of September 2005.
Illovo
Johannesburg
23 May 2005
Contact details:
Celine Stemmett
Switchboard: (+27 11) 770 6800
Direct line: (+27 11) 770 6948
Email: celinestemmett@assore.com
Sponsor
Standard Bank
Date: 23/05/2005 03:52:15 PM
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