WB HOLDINGS LIMITED - TRADING STATEMENT AND CAUTIONARY ANNOUNCEMENT
WB HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1988/000570/06)
JSE code: WBH
ISIN: ZAE000007902
("WB Holdings" or "the company")
TRADING STATEMENT AND CAUTIONARY ANNOUNCEMENT
In terms of the new Listings Requirements of the JSE Securities Exchange South
Africa ("JSE"), listed companies are required to publish a trading statement as
soon as they become aware that the financial results for the period to be
reported on next will be materially different to that of the previous
corresponding period. Shareholders are advised that the interim results for the
period to 31 December 2003 are expected to be materially lower than that of the
previous corresponding six month period ending 31 December 2002 due to the
continuing strength of the Rand, which is impacting negatively on the company"s
export business. The board of directors expect the strong Rand to have a
negative impact on the company"s results for the year. The word "materially" is
defined by the JSE Listings Requirements as meaning a difference of between 10
and 30%.
The financial information on which this trading statement is based has not been
reviewed or reported on by the company"s auditors and shareholders are therefore
advised to exercise caution in this regard in trading in the company"s shares
until release of the interim results, which is expected during January 2004.
1 December 2003
Cape Town
Sponsor:
SASFIN CORPORATE FINANCE
A division of Sasfin Bank Limited
Date: 02/12/2003 07:01:01 AM Supplied by www.sharenet.co.za
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