NCS
NCS
Nictus - Trading Statement
NICTUS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1981/001858/06)
JSE Share code: NCS
NSX Share code: NCT
ISIN Code : NA0009123481
("Nictus" or "the company")
TRADING STATEMENT
Shareholders are advised that the headline earnings per share and the earnings
per share of Nictus for the six month period ended 30 September 2006 are
expected to be a loss of 0.90 cents and earnings of 5.16 cents respectively, in
comparison to headline earnings per share of 2.13 cents and earnings per share
of 3.02 cents relating to the comparative period, being the six month period
ended 30 September 2005.
The expected improvement in earnings is primarily attributable to the profit on
disposal of the group"s interest in two subsidiaries and negative goodwill
written off on the purchase of the remaining interest in Futeni Collections
(Proprietary) Limited as released on SENS on 28 November 2006 and published in
the press on 29 September 2006. The expected decline in headline earnings is
due to the tough trading environment.
The financial information on which this trading statement is based has not been
reviewed nor reported on by the group"s auditors.
The interim results for the six months ended 30 September 2006 are expected to
be released on 8 December 2006.
Johannesburg
30 November 2006
Sponsor on the JSE: KPMG Services (Pty) Ltd
Sponsor on the NSX: Namibia Equity Brokers (Pty) Ltd
Date: 30/11/2006 05:00:03 PM Produced by the JSE SENS Department
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