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Tue 12 Sep 2006, 16:41 African And Overseas Enterprises Limited - Trading
AON   AOVP  AOO
 AOO                                                                             
African And Overseas Enterprises Limited - Trading Statement                    
AFRICAN AND OVERSEAS ENTERPRISES LIMITED                                        
(Incorporated in the Republic of South Africa)                                  
(Registration number 1947/027461/06)                                            
(Share code: AOO & ISIN: ZAE000000485)                                          
(Share code: AON & ISIN: ZAE000009718)                                          
(Share code: AOVP & ISIN: ZAE000000493)                                         
("AOE" or "the Company")                                                        
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 accordance with the Listings Requirements, AOE advises that it expects to    
announce earnings per share for the year ended 30 June 2006 of approximately    
31.7 cents in comparison to a loss per share of (110.9) cents for the prior     
comparative period.  Headline earnings per share for the year ended 30 June 2006
are expected to be approximately 35.0 cents per share compared to 56.3 cents per
share for the prior comparative period.                                         
Shareholders are advised that the above information has not been reviewed or    
reported on by AOE"s external auditors. The company"s results for the year ended
30 June 2006 are expected to be published on or about 20 September 2006.        
Cape Town                                                                       
12 September 2006                                                               
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 12/09/2006 04:41:09 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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