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Tue 13 Jun 2006, 11:39 Wilson Bayly Holmes - Ovcon Ltd - Trading Update.
WBO
 WBO                                                                             
Wilson Bayly Holmes - Ovcon Ltd - Trading Update.                               
Wilson Bayly Holmes - Ovcon Ltd                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number 1982/011014/06)                                            
Share code:  WBO & ISIN: ZAE000009932                                           
Trading Update.                                                                 
In terms of paragraph 3.4(b) of the JSE Limited Listings Requirements, a listed 
company is required to publish a trading statement as soon as it is satisfied   
that a reasonable degree of certainty exists that the financial results for the 
period to be reported upon next will differ by at least 20% from those of the   
previous corresponding period. Earnings per share and headline earnings per     
share for the year ended 30 June 2006 are expected to be between 30% and 50%    
higher compared to those for the comparative period in 2005.  The increases are,
in part, due to the restatement at fair values of the group"s investments in    
certain concessions.   This forecast has not been reviewed by the company"s     
auditors.  Results for the financial year ending 30 June 2006 are expected to be
published during the first week of September 2006.                              
Johannesburg                                                                    
13 June 2006                                                                    
Sponsor                                                                         
Investec Bank Limited                                                           
Date: 13/06/2006 11:39:09 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
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