HOWDEN AFRICA HOLDINGS LIMITED - Trading update

Trading update

Howden Africa Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1996/002982/06)
Share code: HWN
ISIN: ZAE000010583
("HAHL" or "the Company")


Trading Statement


In terms of the Listings 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 will be more than 20% different from that of the previous corresponding
period.


Shareholders are advised that, we expect earnings and headline earnings per share from
continuing operations to be in the range of between 225.31 cents and 264.11 cents for the year
to 31 December 2012, which compares with the earnings and headline earnings per share of
193.97 cents and 194.00 cents respectively from continuing operations for the year ended 31
December 2011.


The improved results reflects further efficiency gains across the business, increased revenue in
the Fan and Heat Exchanger Division and the successful execution of orders won in 2011 by the
Environmental Control Division.


The financial information on which this trading statement is based has not been reviewed or
reported on by HAHL’s auditors. The results for the year ended 31 December 2012 are expected
to be published on or about 11 March 2013.


06 February 2013


Sponsor
PricewaterhouseCoopers Corporate Finance (Proprietary) Limited

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