MAS
MAS
MAS - Masonite - Trading Update
MASONITE (AFRICA) LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1942/015502/06)
Share Code: MAS ISIN: ZAE000004289
("Masonite")
TRADING UPDATE
Shareholders are advised that earnings per share and headline earnings per share
for the year ended 31 December 2006 are expected to be 50% to 60% higher than
those of the prior year.
This improvement is mainly attributable to higher sales volumes and more
favorable product mix in a strong local economy, and an excellent manufacturing
performance. In addition, a favorable timber valuation adjustment (IAS 41 -
Agriculture) was achieved, due to an increase in mature timber volumes.
Excluding the effect of IAS 41 - Agriculture, trading income is expected to be
40% to 50% above that of 2005.
The information on which this financial information is based has not been
reviewed or reported on by Masonite`s auditors.
The results are expected to be released towards the end of March 2007.
Durban
9 March 2007
Investment Bank and Sponsor
Nedbank Capital
Date: 09/03/2007 15:59:55 Produced by the JSE SENS Department.
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