Compu-Clearing - Trading Statement
Compu-Clearing Outsourcing Limited
Incorporated in the Republic of South Africa
Registration number 1998/015541/06
Share code: CCL
ISIN: ZAE000016564
("Compu-Clearing" or "the Company)
Trading Statement
In terms of paragraph 3.4(b) of the Listings Requirements of the JSE Limited, a
listed company is required to publish a trading statement as soon as it is
satisfied that a reasonable degree of certainty exists that the financial
results for the next reporting period will differ by at least 20% from those of
the previous corresponding period.
In light of the aforementioned requirements, Compu-Clearing announces that it
expects earnings and headline earnings per share for the six months ending 31
December 2005 to be between 25% to 35% higher than those of the corresponding
previous period, including the impact of International Financial Reporting
Standards ("IFRS"), which have for the first time been used in preparing the
results. The main contributing factor to the growth in earnings and headline
earnings per shares is a reduced charge for STC (secondary tax on companies),
which arises from the payment of a special dividend in the previous financial
year.
This trading statement has not been reviewed or reported on by Compu-Clearing"s
external auditors. The reviewed results for the six months ending 31 December
2005 are expected to be released on or about 24 February 2006.
By order of the board
23 November 2005
Sponsor
Sasfin Capital
(A division of Sasfin Bank Limited)
Date: 23/11/2005 03:00:03 PM Produced by the JSE SENS Department
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