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Thu 18 May 2006, 8:59 Cargo Carriers Limited - Trading Statement
CRG
 CRG                                                                             
Cargo Carriers Limited - Trading Statement                                      
CARGO CARRIERS LIMITED                                                          
(Registration Number 1959/003254/06)                                            
Share code: CRG                                                                 
ISIN: ZAE000001764                                                              
("CCL" or "the group")                                                          
TRADING STATEMENT                                                               
Shareholders are advised that CCL"s earnings per share for the year ended 28    
February 2006 are expected to be 50% to 60% above the earnings per share for the
previous year.  This increase in earnings per share has been brought about      
through improved trading conditions, careful management of operating costs and  
an increase in the value of the property portfolio. However, headline earnings  
per share will increase by less than 30%.                                       
The financial information on which this trading statement is based has not been 
reviewed nor reported on by CCL"s auditors. The final announcement of results   
for the year ended 28 February 2006 is expected to be published on or about 22  
May 2006.                                                                       
Elandsfontein                                                                   
17 May 2006                                                                     
Sponsor                                                                         
LPC Manhattan Moela (Pty) Limited                                               
Date: 18/05/2006 08:59:48 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
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