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Afx - African Oxygen Limited - Afrox Trading Update

Release Date: 07/08/2008 15:56:02      Code(s): AFX
AFX - African Oxygen Limited - Afrox Trading Update                             
AFRICAN OXYGEN LIMITED                                                          
(Incorporated in the Republic of South Africa)                                  
(Registration number 1927/000089/06)                                            
JSE code: AFX                                                                   
NSX code: AOX                                                                   
ISIN: ZAE000067120                                                              
("Afrox" or "the company" or "the Group")                                       
AFROX TRADING UPDATE                                                            
Afrox`s results for the six months ended 30 June 2008 are expected to be        
released on or about 21 August 2008.                                            
In compliance with the Listings Requirements of the JSE Limited and in respect  
of the six months ended 30 June 2008, and comparing with the previous nine month
period ("previous corresponding period"), because of the change in the financial
year end in 2007, the Group hereby advises shareholders that:                   
-    basic earnings per share and headline earnings per share are expected to be
    between 20% and 30% below those of the previous corresponding period.       
In respect of the six month ended 30 June 2008, and comparing it with the       
comparable six month period of last year ("comparable period"), the Group hereby
advises shareholders that:                                                      
-    basic earnings per share and headline earnings per share are expected to be
    between 15% and 25% higher than those of the comparable period.             
Shareholders are advised that the forecast financial information contained in   
this trading update has neither been reviewed nor reported on by the company`s  
external auditors.                                                              
Johannesburg                                                                    
7 August 2008                                                                   
Sponsor                                                                         
Barnard Jacobs Mellet Corporate Finance (Pty) Limited                           
Date: 07/08/2008 15:56:01 Supplied by www.sharenet.co.za                     
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