SAE
SAE
SAE - SA Eagle - Trading statement
SOUTH AFRICAN EAGLE INSURANCE COMPANY LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1965/006764/06)
Share code: SAE & ISIN: ZAE000006243
("SA Eagle" or "the Company")
TRADING STATEMENT
SA Eagle is currently finalising its results for the year ended 31 December
2006, which should be released before the end of February 2007. In this
regard, shareholders are advised that the headline earnings per share is
likely to be approximately twenty to twenty-four percent (20% - 24%) higher
than the corresponding reporting period of the previous year.
This increase is largely attributable to the benefit the Company received
from a pension fund surplus distribution.
Excluding the benefit of the pension fund surplus, the Company`s headline
earnings per share is likely to be approximately eighteen to twenty-two
percent (18% - 22%) lower than the corresponding reporting period of the
previous year.
The financial information on which this trading statement is based has not
been reviewed and reported on by the Company`s auditors.
Bryanston
30 January 2007
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 30/01/2007 17:49:22 Produced by the JSE SENS Department.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
