BJM - Trading Update
Barnard Jacobs Mellet Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration Number 1995/004798/06)
JSE code: BJM
ISIN: ZAE000014262
("BJM" or "the company")
TRADING UPDATE
Shareholders are advised that management"s expectation for BJM"s earnings for
the six months ended 30 September 2005 is as follows:
Basic earnings between R35 million (31 cents per share) and R38 million (35
cents per share).
Headline earnings between R19 million (17 cents per share) and R22 million (20
cents per share).
The difference between basic and headline earnings is attributable to the
adoption of IFRS, settlement of the ITI claim and the partial sale of JSE
shares.
This compares to a basic and headline earnings loss of R4.8m (4.4cps) and R2.2m
(2.0cps), respectively in the prior comparative period.
Shareholders are also advised that the financial information relating to the six
months ended 30 September 2005 has not been reviewed and/or reported on by the
company"s auditors. It is anticipated that the results for the six months ended
30 September 2005 will be published on or about 11 November 2005.
Johannesburg
10 October 2005
Sponsors:
Barnard Jacobs Mellet Corporate Finance
(Pty) Limited
Deloitte & Touche Corporate Finance (Pty) Limited
Date: 10/10/2005 03:00:05 PM Produced by the JSE SENS Department
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