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Tue 13 Mar 2007, 16:22 PHM - Phumelela - Trading statement
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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