The Don Group Limited - Trading Statement
The Don Group Limited
(Registration number 1946/023123/06)
Incorporated in the Republic of South Africa
Share code: DON ISIN: ZAE000008462
(`Don` or `the Company`)
TRADING STATEMENT
Don is currently finalising its results for the year ended 30 June 2005 (`the
reporting period`).
In terms of paragraph 3.4(b) of the Listings Requirements of the JSE Securities
Exchange South Africa, relating to Trading Statements, a listed company is
required to publish a trading statement as soon as it becomes aware that the
financial results for the period to be reported on will differ by at least 20%
or more from those of the previous corresponding period.
Shareholders are advised that Don will be reporting earnings per share of
between 0.09 and 0.12 cents and headline earnings per share of between 0.45 and
0.50 cents for the reporting period compared to a loss per share of 1.39 cents
and a headline loss per share of 1.14 cents in respect of the prior comparative
period, being the year ended 30 June 2004.
As reported in the reviewed interim results for the six months ended 31 December
2004, released on the Securities Exchange News Service(`SENS`) on 22 March 2005,
the Company had been restored to profitability. This improving trend has
continued in the last six months of the reporting period. In addition various
historical obligations and claims, which are excluded from headline earnings,
were settled during the reporting period.
The results in respect of the reporting period have not been reviewed or
reported on by the Company`s auditors PKF. The audit is currently being
finalised and the results will be published on SENS by no later than 30
September 2005.
Paulshof
20 September 2005
Sponsor
Grant Thornton Corporate Finance (Proprietary) Limited
Date: 20/09/2005 10:53:40 AM
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