Afgem - Trading Statement
Afgem Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/007292/06)
JSE share code: AFG ISIN: ZAE000067757
("Afgem" or "the Company")
Formerly African Gem Resources Limited
TRADING STATEMENT
In terms of paragraph 3.4 (b) of the Listings Requirements of the JSE Limited,
companies are required to release a trading statement as soon as they become
reasonably certain that the financial results for the period to be reported on
next will differ by more than 20% from those of the previous reporting period.
Afgem is currently finalising its interim results for the six months ended
30 September 2005, which should be released on SENS by 30 December 2005.
Shareholders are advised that Afgem will be reporting a headline profit of
between 2 and 5 cents per share and loss of between 2 and 5 cents per share. The
financial information on which this trading statement is based has not been
reviewed and reported on by the company"s auditors.
Melrose Arch
15 December 2005
Sponsor
Absa Corporate and Merchant Bank - Corporate Finance
A division of Absa Bank Limited
(Reg. No. 1986/004794/06)
Date: 15/12/2005 12:46:03 PM Produced by the JSE SENS Department
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