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Sacoil Holdings Limited - Trading Statement

Release Date: 27/05/2014 14:00:00      Code(s): SCL     
SACOIL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1993/000460/06)
JSE share code: SCL
AIM share code: SAC
ISIN: ZAE0000127460
("SacOil" or "the Company" or ?the Group?)

TRADING STATEMENT


In accordance with paragraph 3.4 (b) of the Listing Requirements of the JSE Limited, companies are required to
inform shareholders as soon as there is a reasonable degree of certainty that the earnings of the company are
likely to vary by more than 20% compared to the previous reporting period.


Shareholders are hereby advised that the Group expects to report:
-   basic earnings per share between 1.25 cents and 1.49 cents per share for the year ended 28 February 2014
    compared to a reported basic loss per share of 6.10 cents for the year ended 29 February 2013; and
-   headline earnings per share between 1.25 cents and 1.49 cents per share for the year ended 28 February
    2014 compared to a reported headline loss per share of 8.10 cents for the year ended 29 February 2013.


The information in this trading statement has neither been reviewed nor reported on by the Company?s external
auditors.


The financial results for the year ended 28 February 2014 are expected to be released on or about 28 May 2014.


Johannesburg
27 May 2014

JSE Sponsor
Nedbank Capital

For further information please contact:


finnCap Limited (Nominated Adviser and Broker)                      +44 (0)20 7220 0500
Matthew Robinson / Christopher Raggett


FirstEnergy Capital (Joint Broker UK)                               +44 (0) 20 7448 0200
Majid Shafiq
Travis Inlow
Pelham Bell Pottinger (UK)
Philip Dennis                +44 (0)20 7861 3919
Nick Lambert                 +44 (0)20 7861 3936
Rollo Crichton-Stuart        +44 (0)20 7861 3918

Date: 27/05/2014 02:00:00 Supplied by www.sharenet.co.za                     
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