ISA
ISA
ISA Holdings Limited - Trading statement
ISA Holdings Limited (Formerly Y3k Group Limited)
("ISA" or "the company")
(Registration number: 1998/009608/06)
JSE share code: ISA (formerly YHK)
ISIN code: ZAE000067344 (formerly ZAE000017208)
Trading statement
In terms of the AltX 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 differ by at least
20% from the financial results for the previous corresponding period.
ISA"s shareholders are hereby notified that its earnings per share for the
six months ended 31 August 2006, after being prepared according to
International Financial Reporting Standards (IFRS), is expected to be 35%
higher than the unaudited results for the six months ended 28 August 2005,
which were prepared according to South African Statement of Generally
Accepted Accounting Practice (GAAP).
The financial information on which this trading statement is based has not
been reviewed or reported on by the company"s auditors and there is
therefore no sign off by the auditors on this trading statement.
The results for the six months ended 31 August 2006 are expected to be
published on 5 September 2006.
In accordance with the AltX Listings Requirements, shareholders are advised
of the risks of investing in a company listed on AltX and are advised that
the JSE does not guarantee the viability or the success of a company listed
on AltX. In terms of JSE Listings requirements a Designated Adviser has to
be retained by the company. The Designated Adviser is required to, inter
alia, attend all board meetings held by the company to ensure that all JSE
Listings Requirements and applicable regulations are complied with, approve
the financial director of the company and guide the company in a competent,
professional and impartial manner. If the company fails to retain a
Designated Adviser it must make arrangements to appoint a new Designated
Adviser within 10 business days, failing which the company faces suspension
of trading of its securities. If a Designated Adviser is not appointed
within 30 days of its suspension the company faces the termination of its
listing without an offer to minorities.
Randburg
1 September 2006
Designated Advisor: Exchange Sponsors
Date: 01/09/2006 02:58:08 PM Produced by the JSE SENS Department
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