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Wsl - Wescoal Holdings Limited - Trading Update

Release Date: 13/06/2012 07:05:05      Code(s): WSL
WSL - Wescoal Holdings Limited - Trading update                                 
WESCOAL HOLDINGS LIMITED                                                        
(Incorporated in the Republic of South Africa)                                  
(Registration number 2005/006913/06)                                            
(JSE code: WSL      ISIN: ZAE000069639)                                         
("Wescoal" or "the company")                                                    
TRADING UPDATE                                                                  
In terms of the Listings Requirements of the JSE Limited ("JSE"), section       
3.4(b), companies are required to publish a trading statement as soon as they   
are satisfied that a reasonable degree of certainty exists that the financial   
results for the period will differ by at least 20% from the financial results   
for the previous corresponding period.                                          
Wescoal is currently finalising its annual results for the year ended 31 March  
2012 and shareholders are advised that the directors expect the earnings for the
year ended 31 March 2012 to be between 11.5 and 13.0 cents per share compared to
a loss of 29.11 for the comparative period and headline earnings to be between  
10.0 and 11.5 cents per share compared to a loss of 26.17 cents per share for   
the comparative period.                                                         
The financial information on which this trading statement is based has not been 
reviewed or reported on by the company`s auditors.                              
The company`s financial results for the year ended 31 March 2012 are expected to
be released on 20 June 2012.                                                    
13 June 2012                                                                    
Johannesburg                                                                    
Sponsor                                                                         
Exchange Sponsors                                                               
Date: 13/06/2012 07:05:05 Supplied by www.sharenet.co.za                     
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