KIO
KIO
KIO - Kumba Iron Ore Limited - Trading statement
Kumba Iron Ore Limited
A member of the Anglo American plc group
(Incorporated in the Republic of South Africa)
(Registration number: 2005/015852/06)
Share code: KIO & ISIN: ZAE000085346
("Kumba" or "the Company")
Trading statement for the two months ended 31 December 2006
Shareholders are advised that Kumba will report on the financial results and
position of the Company for the two months since listing in November 2006.
Headline earnings for this period are expected to be between R250 million and
R275 million. Basic earnings for the two months ended 31 December 2006 are
expected to be between R350 million and R400 million. Headline and basic
earnings have been adversely impacted by once off costs of approximately R150
million arising from the implementation of the Kumba Resources Limited (renamed
Exxaro Resources Limited) empowerment transaction, as detailed in the pre-
listing statement to Kumba shareholders issued on 9 October 2006.
The pre-listing statement contained audited pro forma financial information for
the financial year ended 31 December 2005. Unaudited comparative figures for the
twelve months ended 31 December 2006 will be provided as an annexure to the
annual report solely for information purposes. On a comparative basis the
headline earnings for the twelve months ended 31 December 2006 are expected to
be between R2,5 billion and R2,7 billion. Basic earnings are expected to be
between R4,1 billion and R4,4 billion.
The results for the two months ended 31 December 2006 are scheduled for release
on 15 February 2007.
This trading statement is issued in compliance with the Listings Requirements of
the JSE Limited. The above information has not been reviewed and reported on by
the Company`s external auditors.
26 January 2007
Pretoria
Sponsor to Kumba:
Deutsche Securities (SA) (Proprietary) Limited
Date: 26/01/2007 13:30:01 Produced by the JSE SENS Department.
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