LEW
LEW
Lewis Group Ltd - Lewis Trading Update
Lewis Group Ltd
Reg. No. 2004/009817/06
JSE Share Code : LEW
ISIN : ZAE000058236
("Lewis")
LEWIS TRADING UPDATE
In terms of the Listings Requirements of the JSE Limited, companies are required
to publish a trading statement as soon as they become reasonably certain that
the financial results for the period to be reported on next will be more than
20% different from that of the previous corresponding period.
Shareholders" attention is drawn to the SENS announcement dated 14 September
2005 in which it was reported that a charge of R58.4 million for share based
payments under IFRS 2 arose from shares made available for no consideration by
the former holding company GUS Holdings BV. The charge results in no economic
cost or dilutionary effect to existing shareholders, has no impact on operating
performance, net asset value, cash position or gearing of Lewis.
Lewis advises that its headline earnings and earnings per share for the year
ended 31 March 2006, prepared on an IFRS basis, including the charge of R58.4
million for share based payments referred to above, is expected to be between
15% to 22% higher than those reported for the previous year.
Normalised headline earnings and earnings per share for the year ended 31 March
2006, excluding the charge of R58.4 million for share based payments referred to
above, is expected to be between 26% to 33% higher than those reported for the
previous year.
The above information has neither been reviewed nor reported on by the company"s
external auditors.
The group"s audited results for the year ended 31 March 2006 will be released on
SENS on or about Monday, 22 May 2006.
Cape Town
2 May 2006
Date: 02/05/2006 05:00:05 PM Produced by the JSE SENS Department
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