DSY
DSY
Discovery - Voluntary Trading Statement
Discovery Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1999/007789/06)
(Share code: DSY & ISIN: ZAE000022331)
("Discovery" or "the Company")
VOLUNTARY TRADING STATEMENT
HEADLINE EARNINGS PER SHARE BEFORE BEE TRANSACTION UP BETWEEN 20% AND 40%
Discovery is currently finalising its results for the year ended 30 June 2006,
which will be released on SENS on 6 September 2006. Shareholders are advised
that excluding the effects of the BEE transaction, earnings per share and
headline earnings per share are expected to be between 20% and 40% higher than
the corresponding reporting period of the previous year.
Shareholders are further advised that earnings per share as reported in terms of
International Financial Reporting Standards ("IFRS"), which includes the
financial effects of the BEE transaction, is expected to be between 0% and 20%
higher than the corresponding reporting period of the previous year, while
headline earnings per share is expected to be marginally different from the
corresponding reporting period of the previous year.
Shareholders are referred to the SENS announcements published on 8 December 2005
and 17 February 2006 and the interim results published on 23 February 2006,
wherein the financial effects of the BEE transaction as reported in terms of
IFRS were described.
The forecast financial information on which this trading statement is based has
not been reviewed and reported on by the Company"s auditors.
Sandton
31 August 2006
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 31/08/2006 02:08:13 PM Produced by the JSE SENS Department
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