TDH
TDH
TDH - Tradehold - Trading statement
TRADEHOLD LIMITED
(Registration number 1970/009054/06)
(Incorporated in the Republic of South Africa)
JSE code: TDH : ISIN: ZAE000026902
("Tradehold")
Shareholders` attention is drawn to a statement issued by Tradehold`s
subsidiary, Instore plc, on 17 January 2007 and which appears below.
"INSTORE plc
TRADING STATEMENT
The Board of Instore plc today gave the following update on trading:
During the Christmas period, we resumed good like-for-like sales growth after
the difficulties previously reported. Encouragingly, this has continued into
the New Year, with the result that total LFL sales for the 6 weeks ending 13th
January 2007 are up 4.6%.
Total LFL sales for the second half to date, covering the 20 weeks ending 13th
January, are up 2.3%.
The recently introduced systems within the distribution centre have stabilised
and performance has improved, facilitating a much better flow of stock,
resulting in increased on-shelf availability.
Seasonal stock is cleaner than previously achieved, being 30% lower in value
than the prior year. However over the coming months we shall continue, as
previously stated, to focus on clearing the large residue of aged stock."
Cape Town
17 January 2007
Sponsor: Barnard Jacobs Mellet Corporate Finance (Pty) Limited
Date: 17/01/2007 11:32:10 Produced by the JSE SENS Department.
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