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Thu 18 May 2006, 16:05 Conafex Holdings Societe Anonyme - Trading stateme
CNX
 CNX                                                                             
Conafex Holdings Societe Anonyme - Trading statement and update on transaction  
CONAFEX HOLDINGS SOCIETE ANONYME                                                
(Incorporated in Luxembourg                                                     
RC Luxembourg No. B 17789)                                                      
("Conafex")                                                                     
JSE CODE: CNX & ISIN: LU0243998001                                              
TRADING STATEMENT AND UPDATE ON TRANSACTION                                     
TRADING STATEMENT                                                               
In terms of the JSE Limited Listings Requirements ("the Listings Requirements"),
companies are required to publish a trading statement as soon as they are       
reasonably certain that the financial results for the current reporting period  
will be more than 20% different from that of the previous corresponding period. 
In terms of the Listings Requirements, Conafex accordingly advises that it      
expects that earnings per share for the first six months of the current         
financial year ending 28 February 2006 are likely to be between 260% and 280%   
below those of the comparative period of last year, and headline earnings per   
share for the first six months of the current financial year ending 28 February 
2006 are likely to be between 535% and 555% below those of the comparative      
period of last year.                                                            
Shareholders are advised that the above information has not been reviewed or    
reported on by Conafex"s external auditors.                                     
The company"s results for the six months ending 28 February 2006 are expected to
be published during May 2006.                                                   
Johannesburg                                                                    
18 May 2006                                                                     
Sponsor                                                                         
Imara Corporate Finance South Africa (Pty) Ltd                                  
Date: 18/05/2006 04:05:03 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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