POY - Poynting - Trading Update

POY - Poynting - Trading Update                                                 
POYNTING HOLDINGS LIMITED                                                       
(Formerly Poynting Innovations (Proprietary) Limited)                           
Incorporated in the Republic of South Africa                                    
(Registration number 1997/011142/06)                                            
Share code: POY    ISIN: ZAE000121299                                           
("Poynting" or "the company")                                                   
TRADING UPDATE                                                                  
In terms of the Listings Requirements of 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 differ by more      
than 20% from that of the previous corresponding period. Accordingly, a review  
of the financial results for the six months ended 31 December 2008 by           
management has indicated that Poynting will report a loss per share and a       
headline loss per share of between 0.9 and 1.1 cents.                           
The main reason for the decrease in earnings is that the company has not        
achieved its anticipated sales targets. Export sales have been impacted by the  
global crisis and local corporate sales are down largely due to new             
developments in the telecoms field which are causing "technological             
uncertainty" and as a result are delaying orders by various large customers.    
The financial information on which this trading statement is based has not      
been reviewed or reported on by Poynting`s auditors. Poynting`s interim         
financial results are expected to be released on SENS on or about 31 March      
2009.                                                                           
Johannesburg                                                                    
25 March 2009                                                                   
Designated Adviser                                                              
Merchantec (Proprietary) Limited                                                
Date: 25/03/2009 13:45:01 Supplied by www.sharenet.co.za                     
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