Code: SER ISIN Code: ZAE000029815
JSE Code: SRN ISIN Code: ZAE000030144
(`Seardel`)
TRADING STATEMENT
In terms of the Listings Requirements of the JSE Securities Exchange South
Africa, companies are required to publish a trading statement as soon as they
are satisfied that a reasonable degree of certainty exits that the financial
results for the period to be reported upon next will differ by at least 20% from
that of the previous corresponding period.
Seardel will shortly be finalising its results in respect of the year ended 30
June 2005. Shareholders are advised that at this stage it is anticipated that
Seardel`s headline earnings per share and earnings per share, for the year ended
30 June 2005, are estimated to be between 45% and 65% lower than the previous
year.
The financial results on which this trading statement has been based have not
been reviewed or reported on by Seardel`s auditors. The annual report to
shareholders will be released before the end of September 2005.
Sponsor
Java Capital (Proprietary) Limited
13 June 2005
Date: 13/06/2005 10:13:54 AM
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