Standard Bank - Trading statement in respect of th
SBK
SBK
Standard Bank - Trading statement in respect of the
year ended 31 December 2006
Standard Bank Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1969/017128/06)
South African Share Code: SBK
Namibian Share Code: SNB
ISIN: ZAE000057378
("Standard Bank" or "the group")
Trading statement in respect of the year ended 31 December 2006
Standard Bank`s results for the year ended 31 December 2006 will be
released on 7 March 2007. In terms of the Listings Requirements of the JSE
Limited a listed company is required to publish a trading statement as soon
as it becomes apparent that the financial results for the next reporting
period to be reported on are expected, with a reasonable degree of
certainty, to differ by at least 20% from those of the previous
corresponding period.
Shareholders are advised that growth in the group`s headline earnings per
share for the year ended 31 December 2006, calculated on both an
International Financial Reporting Standards (IFRS) and normalised basis, is
likely to be between 18% and 20%. Growth in fully diluted headline earnings
per share, calculated on both an IFRS and normalised basis, is also likely
to range between 18% and 20%. Basic earnings per share growth, calculated
on both an IFRS and normalised basis, is likely to be between 22% and 24%.
Results are normalised to reflect the legal and economic substance of the
group`s Black Ownership Initiative and deemed treasury shares held for the
benefit of Liberty Life policyholders.
The above information has not been reviewed or reported on by the group`s
auditors.
Johannesburg
20 February 2007
Sponsor
Standard Bank
Date: 20/02/2007 17:15:00 Produced by the JSE SENS Department.
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