SER SRN
SER
SER / SRN - Seardel - Trading Statement
Seardel Investment Corporation Limited
Registration no. 1968/011249/06
(Incorporated in the Republic of South Africa)
JSE Code: SER ISIN Code: ZAE000029815
JSE Code: SRN ISIN Code: ZAE000030144
("Seardel")
TRADING STATEMENT
In terms of the Listings Requirements of the JSE Limited, companies are required
to publish a trading statement as soon as they are satisfied that a reasonable
degree of certainty exits that the financial results for the period to be
reported upon next will differ by at least 20% from that of the previous
corresponding period. The directors are however of the opinion that the results
are considered important enough to be made the subject of a trading statement.
Seardel is currently finalising its results in respect of the six months ended
31 December 2006. Shareholders are advised that it is anticipated that Seardel`s
basic earnings per share will be between 5% and 10% lower, and its headline
earnings per share between 15% and 20% lower, than the basic earnings and
headline earnings per share respectively for the six months ended 31 December
2005.
The financial results on which this trading statement has been based have not
been reviewed or reported on by Seardel`s auditors. It is anticipated that the
interim results for the six months ended 31 December 2006 will be released early
in March 2007.
Sponsor
Java Capital (Proprietary) Limited
Friday, 16 February 2007
Date: 16/02/2007 09:30:49 Produced by the JSE SENS Department.
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