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`)
TRADING UPDATE
Shareholders are advised that the Assore group has continued to benefit from
positive market conditions since the trading statement issued on 23 May 2005,
particularly with respect to sales volumes for manganese ore and manganese
alloys and the effects of the weakening rand against the US dollar.
As a result, both headline and attributable earnings for the year to
30 June 2005 are anticipated to be between R500,0 million and R520,0 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 ended 30 June 2005
are expected to be published before the middle of September 2005.
Illovo
Johannesburg
3 August 2005
Contact details:
Celine Stemmett
Switchboard: (+27 11) 770 6800
Direct line: (+27 11) 770 6948
Email: celinestemmett@assore.com
Sponsor
Standard Bank
Date: 03/08/2005 05:26:52 PM
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