BFS
BFS
Blue - Trading Statement
Blue Financial Services Limited
(Registration number 1996/006595/06)
JSE Code: BFS & ISIN: ZAE000083655
("BLUE" or "the Company")
TRADING STATEMENT
In terms of the Listings Requirements of the JSE Limited ("JSE"), a listed
company is required to publish a trading statement as soon as it becomes aware
that its financial results for the next reporting period will differ by 20% or
more from those of the corresponding period of the previous year.
The board of directors of Blue hereby advises that a reasonable degree of
certainty exists that earnings and headline earnings per share for the six
months ended 31 August 2006 will exceed the comparable earnings and headline
earnings per share for the six months ended 31 August 2005 of 0.77 cents per
share, by between 210% and 230%.
Blue was listed on the Alternative Exchange of the JSE on 12 October 2006, and
will be publishing its maiden results on or about 24th November 2006.
The financial information in this trading statement has not been reviewed or
reported on by Blue"s auditors.
Pretoria
10 November 2006
DESIGNATED ADVISER
EXCHANGE SPONSORS (PTY) LIMITED
Warning: The listing of ordinary shares in the company is on AltX. Investors
are advised of the risks of investing in a company listed on AltX. Investors
are advised that the JSE does not guarantee the ability or the success of a
company listed on AltX. In terms of the Listings Requirements, the company is
obliged to appoint and retain a Designated Adviser, which is required to, inter
alia, attend all board meetings held by the company to ensure that all the
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 the
prospect of an appropriate offer to minority shareholders.
Date: 10/11/2006 09:48:06 AM Produced by the JSE SENS Department
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