ELR ELRP
ELR
ELB - Trading Statement
ELB Group Limited
(Registration number 1930/002553/06)
Ordinary Shares: Share code: ELR & ISIN: ZAE000035101
Preference Shares: Share code: ELRP & ISIN: ZAE000035333
("ELB" or "the Company")
TRADING STATEMENT
ELB is currently finalising its results for the year ended 30 June 2006 which
will be released on SENS before the end of September 2006. In this regard,
shareholders are advised that headline earnings per share ("HEPS") will be
approximately 35% higher than that reported in the corresponding reporting
period of the previous year. Earnings per share ("EPS") will, however, be
approximately 89% lower than that reported in the corresponding reporting period
of the previous year.
The lower EPS is largely attributable to the impairments and closure costs in
ELB Timbers" discontinued operations following the announcement in May 2006 that
the Malelane board plant was to be closed as well as impairments to assets of
the ongoing businesses of ELB Timbers.
The financial information on which this trading statement is based has not been
reviewed or reported on by the Company"s auditors.
Boksburg
21 September 2006
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 21/09/2006 02:20:02 PM Produced by the JSE SENS Department
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