OneLogix - Trading Statement For The Half Year Ended 30 November 2005

OneLogix - Trading Statement For The Half Year Ended 30 November 2005           
Onelogix Group Limited                                                          
(Incorporated in the Republic of South Africa)                                  
(Registration No. 1998/004519/06)                                               
Share code: OLG    ISIN code: ZAE000026399                                      
("OneLogix" or "the company")                                                   
TRADING STATEMENT FOR THE HALF YEAR ENDED 30 NOVEMBER 2005                      
In terms of the Listings Requirements of the JSE Limited ("JSE Listings         
Requirements"), companies are required to publish a trading statement as soon as
they become aware that the financial results for the period to be reported upon 
next would differ by at least 20% from the financial results for the previous   
corresponding period.                                                           
OneLogix accordingly advises that for the six months ended 30 November 2005 it  
expects earnings per share to be between 105% and 115% and headline earnings per
share to be between 45% and 55% higher than reported on for the previous        
comparative period.                                                             
This increase is primarily attributable to the following:                       
* a strong operating performance for the six month period;                      
* additional tax allowances claimed;                                            
the positive impact of the conversion from SA GAAP to IFRS; and                 
* as it pertains to earnings per share, the company no longer amortises goodwill
(in the prior period an amount of R1.5 million was amortised).                  
The financial results on which this trading statement has been based have not   
been reviewed or reported on by the company"s auditors. The financial results of
the company will be published on or about 24 February 2006.                     
Warning: The listing of the ordinary shares in the company is on the ALTX.      
Shareholders are advised of the risks of investing in a company listed on the   
ALTX. Shareholders are advised that the JSE does not guarantee the viability or 
the success of a company listed on the ALTX. In terms of the JSE Listings       
Requirements a designated advisor has to be retained by the company. The        
designated advisor is required to, inter alia, attend all board meetings held by
the company to ensure that all JSE Listings Requirements and applicable         
regulations are complied with, approve the financial director of the company and
guide the company in a competent, professional and impartial manner. If the     
company fails to retain the designated advisor it must make arrangements to     
appoint a new designated advisor within 10 business days, failing which the     
company faces suspension of trading of its securities. If a designated advisor  
is not appointed within 30 days of its suspension the company faces the         
termination of its listing without an offer to minority shareholders.           
Rosebank                                                                        
15 February 2006                                                                
Designated advisor                                                              
Java Capital (Proprietary) Limited                                              
Date: 15/02/2006 04:04:52 PM Supplied by www.sharenet.co.za                     
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