CITY LODGE HOTELS LIMITED - Trading Statement

Trading Statement

CITY LODGE HOTELS LIMITED
(“City Lodge”)
(Reg. No. 1986/002864/06)
(Incorporated in the Republic of South Africa)
Share Code: CLH    ISIN Code: ZAE 000117792

TRADING STATEMENT

In terms of rule 3.4(b) of the JSE Listings Requirements, a
listed company is required to publish a trading statement as
soon as a reasonable degree of certainty exists that the
financial results for the next reporting period to be reported
on will differ by at least 20% from those of the previous
corresponding period.

In this regard it is anticipated that the range of earnings
will be as indicated in the table below:

                     Six months ended            %           Six months ended
                     31 December 2015            increase    31 December 2014
Basic earnings       R161,2m – R167,9m           20% - 25%   R134,3m
Diluted        basic 441,6 cents – 460,0 cents   20% - 25%   368,0 cents
earnings per share
Headline earnings    R160,7m – R167,6m           16% - 21%   R138,5m
Diluted    headline 439,9 cents – 458,8 cents    16% - 21%   379,2 cents
earnings per share
Normalised earnings R190,0m – R198,2m            15% - 20%   R165,2m
Diluted normalised 437,2 cents – 456,2 cents     15% - 20%   380,2 cents
earnings per share

The information on which this trading statement has been based
has not been reviewed or reported on by the group’s auditors
and it is anticipated that the results will be released on
SENS on or about 18 February 2016.


Bryanston
28 January 2016

Sponsor
JP Morgan Equities South Africa (Proprietary) Limited

Date: 28/01/2016 09:49:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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