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Afx - African Oxygen Limited - Trading Update

Release Date: 25/01/2012 15:26:08      Code(s): AFX
AFX - African Oxygen Limited - 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")                                       
TRADING UPDATE                                                                  
Afrox shareholders ("shareholders") are referred to the trading update          
announcement published on 15 December 2011 wherein they were advised that the   
group`s basic earnings per share and headline earnings per share for the        
financial year ending 31 December 2011 were expected to be at least 20% higher  
than those of the comparable twelve month period of the prior year ("comparable 
period").                                                                       
In accordance with the JSE Limited Listings Requirements and further to the     
above, in respect of the twelve months ended 31 December 2011, the group hereby 
advises shareholders that:                                                      
-    basic earnings per share are expected to be between 80% and 100% higher    
than those of the comparable period; and                                    
-    headline earnings per share are expected to be between 50% and 70% 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.                                                              
Afrox`s results for the financial year ended 31 December 2011 are expected to be
published on or about 23 February 2012.                                         
Johannesburg                                                                    
25 January 2012                                                                 
Sponsor                                                                         
One Capital                                                                     
Date: 25/01/2012 15:26:08 Supplied by www.sharenet.co.za                     
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