WB Holdings - Trading Statement
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
Shareholders are advised that the headline earnings and earnings of WB Holdings
for the year ending 30 June 2005 are expected to be lower than that for the
previous comparable period:
Headline earnings per share: 110% to 130%
Earnings per share: 280% to 300%
This is mainly due to the revaluation and impairment write-off of the value of
the fruit farms. The value of the farms has been negatively impacted by the
adverse effect of the strong Rand on the company`s export fruit, the removal of
unprofitable orchards and the lower than expected value of agricultural
property.
The financial information on which this trading statement is based has not been
reviewed by the company`s auditors. The final results of WB Holdings are
expected to be published on or about 27 September 2005.
Paarl
25 August 2005
Corporate Advisor and Sponsor
Sasfin Corporate Finance
A division of Sasfin Bank Limited
Date: 25/08/2005 01:22:03 PM
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