MML - Metmar - Correction Announcement: Preliminary report 28 February 2010

MML - Metmar - Correction Announcement: Preliminary report 28 February 2010     
METMAR LIMITED                                                                  
Incorporated in the Republic of South Africa                                    
(Registration number 1998/007269/06)                                            
Share code: MML & ISIN code: ZAE000078747                                       
("Metmar" or "the Company")                                                     
CORRECTION ANNOUNCEMENT: PRELIMINARY REPORT 28 FEBRUARY 2010                    
Further to the announcement released on SENS yesterday, 29 April 2010,          
shareholders are advised of a correction to the abridged condensed group        
statements of changes in equity set out below. All other information contained  
in the announcement remains unchanged.                                          
ABRIDGED CONDENSED GROUP STATEMENTS OF CHANGES IN EQUITY                        
                                           Share      Foreign                   
                                     capital and     currency     Retained      
                                         premium      reserve     earnings      
R 000        R 000        R 000      

Balance at 1 March 2008                    29,197            -      165,761     
New share issue                            25,000            -            -     
Other                                           -            -        (205)     
Total comprehensive income for the year         -            -      174,445     
Distribution to shareholders             (35,035)            -            -     
Balance at 28 February 2009                19,162            -      340,001     
New share issue                            25,000            -            -     
Total comprehensive income for the year         -            -      161,886     
Distribution to shareholders             (60,637)            -            -     
Other                                           -        1,005            -     
Balance at 28 February 2010              (16,475)            -      501,887     
Non-                       

                                              controlling                       
                                                interests     Total equity      
                                                    R 000            R 000      
Balance at 1 March 2008                                924          195,882     
New share issue                                          -           25,000     
Other                                                    -            (205)     
Total comprehensive income for the year              3,043          177,488     
Distribution to shareholders                       (1,700)         (36,735)     
Balance at 28 February 2009                          2,267          361,430     
New share issue                                          -           25,000     
Total comprehensive income for the year                440          162,326     
Distribution to shareholders                             -         (60,637)     
Other                                              (1,952)            (947)     
Balance at 28 February 2010                            755          487,172     
30 April 2010                                                                   
Bryanston                                                                       
Sponsor:                                                                        
Barnard Jacobs Mellet Corporate Finance (Pty) Limited                           
Date: 30/04/2010 07:05:06 Supplied by www.sharenet.co.za                     
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