ERP - ERP.com Holdings Limited - Further trading s
ERP
ERP
ERP - ERP.com Holdings Limited - Further trading statement
ERP.com Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/010017/06)
Share code: ERP
ISIN code: ZAE000043493
("ERP.com" or "the company")
FURTHER TRADING STATEMENT
ERP.com shareholders are referred to the announcements of 12 December and 20
December 2006 relating to the disposal of Customised Solutions (Pty) Limited and
the business of iServe (Pty) Limited respectively (collectively "the
disposals"). The combined effect of the disposals on the results for the six
months ended 31 January 2007 amount to an operating loss in discontinued
operations of R19,6 million and a capital profit on disposal of R350,000.
In accordance with IAS33, the combined operating loss arising from the
discontinued operations of R19.6 million has been excluded from the calculation
of earnings per share ("EPS") and headline earnings per share ("HEPS") for the
six months ended 31 January 2007, while the combined capital profit on the
disposals of R350 000 has been excluded from the calculation of HEPS for the six
months ended 31 January 2007.
Further to the above and the trading statement published on 20 December 2006,
shareholders are now advised that ERP.com expects to announce EPS and HEPS for
the six months ended 31 January 2007 of 6.9 cents and 6.7cents respectively.
The above information has not been reviewed or reported on by the company`s
auditors and the company`s results for the six months ended 31 January 2007 are
expected to be published on or about 05 March 2007.
Johannesburg
26 February 2007
Sponsor
Nedbank Capital
Date: 26/02/2007 10:52:57 Produced by the JSE SENS Department.
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