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Gen: Hwa - Hwange Colliery Company Limited - Adverse Audit Opinion And Emphasis

Release Date: 17/06/2009 08:54:42      Code(s): JSE HWA
GEN: HWA - Hwange Colliery Company Limited - Adverse audit opinion and emphasis 
                                       of matter                                
HWANGE COLLIERY COMPANY LIMITED                                                 
(ISIN: ZW0009011934 - ALPHA CODE: HWA)                                          
ADVERSE AUDIT OPINION AND EMPHASIS OF MATTER                                    
The JSE Limited ("JSE") wishes to advise that the audit opinion on the          
abovementioned company`s Annual Financial Statements for the year ended 31      
December 2008 contains both an Adverse audit opinion and an "emphasis of        
matter". Shareholders are advised to refer to the financial statements to       
ascertain the exact nature of the adverse opinion and emphasis of matter.       
Accordingly, the company`s listing on the JSE TRADELECT system will be annotated
with both an "A" and an "E" to indicate the adverse opinion and emphasis of     
matter. The annotations will be removed when the company`s auditor`s report no  
longer contains an adverse audit opinion and an emphasis of matter.             
This announcement has been placed by the JSE in the interest of shareholders.   
17 June 2009                                                                    
Date: 17/06/2009 08:54:42 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                             .                  



                                        
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