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Thu 6 Oct 2005, 11:22 Independent Financial Services Limited - Trading S
Independent Financial Services Limited - Trading Statement                      
INDEPENDENT FINANCIAL SERVICES LIMITED                                          
Incorporated in the Republic of South Africa)                                   
(Registration number 1950/037061/06)                                            
Share code: IND & ISIN code: ZAE000025300                                       
("IFS")                                                                         
TRADING STATEMENT                                                               
In terms of the Listings Requirements of JSE Limited, companies are required to 
publish a trading statement as soon as they become reasonably certain that the  
financial results for the period to be reported on will differ by more than 20% 
from that of the previous corresponding period. Accordingly, a review of the    
financial results for the year ended 30 June 2005 by management has indicated   
that earnings per share of IFS will be between 55% and 75% higher, and that     
headline earnings per share will be between 20% and 40% lower than the previous 
year. The financial information on which this trading statement is based has not
been reviewed or reported on by IFS"s auditors.                                 
Johannesburg                                                                    
6 October 2005                                                                  
Sponsor                                                                         
Merchant Sponsors (Proprietary) Limited                                         
Date: 06/10/2005 11:22:01 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
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