Scharrig Mining Limited - Trading statement
Scharrig Mining Limited
Incorporated in the Republic of South Africa
Registration number 1992/001973/06
Share code: SCN
ISIN: ZAE000006474
("Schamin" or "the Company")
TRADING STATEMENT
Shareholders are advised that the earnings and headline earnings per share of
Schamin for the interim period ended 30 September 2005 are expected to be
between 35% and 45% higher than that for the previous comparable period. These
results include the impact of International Financial Reporting Standards
("IFRS"), which have for the first time been used in preparing the results.
After restating the prior corresponding results to comply with IFRS, the
increase in earnings and headline earnings per share will be between 35% and
45%.
The financial information on which this trading statement is based has not been
reviewed or reported on by the company"s auditors. Schamin"s interim results
for the six months ended 30 September 2005, which will include full details of
the impact of adopting IFRS, will be published on or about 15 November 2005.
Boksburg
9 November 2005
Sponsor
Sasfin Corporate Finance
A division of Sasfin Bank Limited
Date: 09/11/2005 02:02:06 PM Produced by the JSE SENS Department
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