ELH
ELH
Ellerines - Trading statement
ELLERINE HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1968/013402/06)
Share code: ELH & ISIN: ZAE000022752
("Ellerines" or "the company")
TRADING STATEMENT
In terms of the JSE Limited 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 than that of the previous corresponding period.
Shareholders are advised that the results for the twelve months ended 31
August 2006 include twelve months of Relyant Retail Limited (which was
acquired on 7 May 2005 through the issue of 42.9 million new ordinary shares)
compared to four months in the comparative year.
In light of the above, Ellerines expects to announce growth in headline
earnings of between 70% and 75% and headline earnings per share of between 25%
and 30% for the year ended 31 August 2006.
Attributable earnings per share will be between 20% and 25% higher than that
of the prior year, which included the capital gain of R53.8 million on the
sale of certain Group properties.
The above information has not been reviewed or reported on by the company"s
auditors and the company"s results for the year ended 31 August 2006 are
expected to be published on or about 6 November 2006.
Johannesburg
18 October 2006
Sponsor
Nedbank Capital
Date: 18/10/2006 11:00:04 AM Produced by the JSE SENS Department
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