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Scl - Sacoil - Trading Statement

Release Date: 27/05/2009 14:57:46      Code(s): SCL
SCL - SacOil - Trading Statement                                                
SACOIL HOLDINGS LIMITED                                                         
(Formerly SA Mineral Resources Corporation Limited)                             
(Incorporated in the Republic of South Africa)                                  
(Registration number 1993/000460/06)                                            
Share code: SCL     ISIN: ZAE000127460                                          
("SacOil")                                                                      
TRADING STATEMENT                                                               
In terms of the Listing Requirements of the JSE Limited, companies are required 
to publish a Trading Statement as soon as they become reasonably certain that   
the financial results for the period to be reported on next, will differ by more
than 20% from those of the previous corresponding period.                       
The board of directors of SacOil advises that its headline loss per share for   
the eight months ended 28 February 2009 is expected to be 8, 66 cents per share 
as opposed to 5, 68 cents per share as reported for the period ended 30 June    
2008, and loss per share is expected to be 8, 66 cents  per share as opposed to 
5, 68 cents per share reported for the period ended 30 June 2008.               
The information contained in this Trading Statement has not been reviewed or    
reported on by the company`s external auditors. SacOil will release its reviewed
provisional  results for the 8 months ended 28 February 2009 on or about 29 May 
2009.                                                                           
By order of the board                                                           
Johannesburg                                                                    
27 May 2009                                                                     
Sponsor                                                                         
Sasfin Capital (A division of Sasfin Bank Limited)                              
Date: 27/05/2009 14:57:46 Supplied by www.sharenet.co.za                     
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