MAS
MAS
Masonite (Africa) Limited - Trading Update
MASONITE (AFRICA) LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1942/015502/06)
Share Code: MAS & ISIN: ZAE000004289
("Masonite")
TRADING UPDATE
Shareholders are advised that headline earnings and earnings for the year ended
31 December 2005, in terms of International Financial Reporting Standards
(IFRS), are expected to be 120% to 130% higher than those of the prior year.
This improvement is mainly attributable to higher sales volumes in a strong
local economy, with a corresponding reduction in export sales and excellent
manufacturing performance. In addition, 2004 earnings were negatively impacted
by the timber valuation adjustment (AC 137 - Agriculture) as a result of the
fires that devastated the Kwa-Zulu Natal Midlands.
This information has been reviewed but not reported on by Masonite"s auditors.
The results are expected to be released in March 2006.
Durban
8 February 2006
Investment Bank and Sponsor: Nedbank Capital
Date: 08/02/2006 05:15:09 PM Produced by the JSE SENS Department
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