PAL
PAL
Pals - Trading Statement
PALS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/002753/06)
Share Code: PAL & ISIN: ZAE000005237
("Pals" or "the company")
TRADING STATEMENT
Shareholders are advised that the headline earnings and earnings of Pals for the
year ended 30 June 2006 will be a loss of 19.7 cents per share, 29.6 cents lower
than that for the previous comparable period. The company made a loss for the
year after making a profit for the year ending 30 June 2005. This reversal is
mainly due to the strength of the rand resulting in export business being
marginal while imported garments put further strain on local margins. In
addition power cuts during February and March caused major disruption to
production.
The financial information on which this trading statement is based has been
reviewed by the company"s auditors. The reviewed provisional financial results
of Pals are expected to be published on or about 29 September 2006.
Cape Town
27 September 2006
Sponsor
SASFIN CAPITAL
A Division of Sasfin Bank Limited
Date: 27/09/2006 02:43:03 PM Produced by the JSE SENS Department
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