EQS - Eqstra Holdings Limited - Trading statement

EQS - Eqstra Holdings Limited - Trading statement                               
Eqstra Holdings Limited                                                         
(Incorporated in the Republic of South Africa)                                  
(Registration number 1998/011672/06)                                            
Share code: EQS & ISIN: ZAE000117123                                            
("Eqstra")                                                                      
TRADING STATEMENT                                                               
In compliance with section 3.4(b) of the JSE Listings Requirements, issuers are 
required to publish a trading statement as soon as they are satisfied, with a   
reasonable degree of certainty that the financial results for the period        
reported on will differ by at least 20% from those of the previous corresponding
period.                                                                         
Shareholders are referred to the trading statement announcement dated 29 June   
2010 and are further advised that although the group is profitable before       
taxation, there are impairments to deferred tax assets in the construction and  
mining distributorships that have resulted in the group anticipating negative   
earnings per share ("EPS") of between 15 and 25 cents and negative headline     
earnings per share ("HEPS") of between 25 and 35 cents for the year ended 30    
June 2010.                                                                      
As a result of the rights offer, detailed in the circular to shareholders dated 
7 June 2010, the previous corresponding period`s EPS and HEPS have been restated
in terms of circular CC03/09 issued by SAICA and IAS 33 to 15.1 cents and 10.9  
cents respectively.                                                             
Management can confirm that, in spite of the rights offer proceeds received on  
25 June 2010, banking covenants for the period ended 30 June 2010 have been met.
The financial information, on which this trading statement is based, has not    
been reviewed or reported on by Eqstra`s auditors. The statement is based on    
financial information available at the time of this publication.  Eqstra`s      
financial year end results are expected to be released on SENS on or about 24   
August 2010.                                                                    
Johannesburg                                                                    
26 July 2010                                                                    
Sponsor - Merrill Lynch South Africa (Pty) Limited                              
Date: 26/07/2010 15:44:01 Supplied by www.sharenet.co.za                     
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