Trematon Capital Investments Limited - Trading Sta
TMT
TMT
Trematon Capital Investments Limited - Trading Statement
Trematon Capital Investments Limited
(Incorporated in the Republic of South Africa)
(Registration number 1997/008691/06)
Share code: TMT ISIN: ZAE000013991
("Trematon" or "the company")
TRADING STATEMENT
The directors of Trematon hereby notify shareholders that the company"s earnings
and headline earnings per share for the six months ended 28 February 2006 are
expected to be approximately 55% and 85%, respectively, lower than the earnings
and headline earnings per share for the six months ended 28 February 2005.
The primary reason for the reduction in earnings per share relates to changes in
the accounting treatment of investments held for capital purposes in order to
comply with International Financial Reporting Standards ("IFRS"). Similarly,
the larger reduction in headline earnings per share ("HEPS") is due to the
exclusion of capital profits from the calculation of HEPS in accordance with
IFRS. In addition, the company has provided for income tax at the interim stage
where there was previously no such provision. These adjustments have had no
effect on the company"s cash balances, cash flow or net asset value.
The financial information on which this trading statement is based has not been
reported on by Trematon"s auditors and is expected to be published not later
than 5 May 2006.
Cape Town
26 April 2006
Sponsor: Bridge Capital Services (Pty) Limited
Date: 26/04/2006 01:17:13 PM Produced by the JSE SENS Department
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