PHM
PHM
PHM - Phumelela - Trading statement
Phumelela Gaming & Leisure Limited
(Incorporated in the Republic of South Africa)
(Registration number 1997/016610/06)
Share code: PHM & ISIN: ZAE000039269
PHUMELELA - TRADING STATEMENT FOR THE SIX MONTHS ENDED 31 JANUARY 2007
Phumelela announces that it expects basic earnings per share for the six months
ended 31 January 2007 to be between 110% and 120%, and headline earnings per
share to be between 120% and 130% higher than the prior comparative period,
using accounting policies consistent with those used in the comparative period.
The increase has been favourably impacted by the proceeds of R 40 million
received on termination of the Newmarket use agreement. This trading statement
has not been reviewed or reported on by Phumelela`s external auditors. The
release of the announcement of the interim results for the six-month period
ended 31 January 2007 is expected to be on 22 March 2007.
Johannesburg
13 March 2007
Sponsor: Investec Bank Limited
Date: 13/03/2007 16:22:13 Produced by the JSE SENS Department.
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