TRADING STATEMENT
ALERT STEEL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2003/005144/06)
JSE code: AET
ISIN: ZAE000092847
(Alert Steel or the Company)
TRADING STATEMENT
Alert Steel is in the process of completing the preparation of its results for the year ended 30 June 2012.
In terms of paragraph 3.4(b) of the Listings Requirements of the 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 next will differ by at least 20% from those of the previous corresponding period.
Accordingly, shareholders are advised that:
Despite difficult trading conditions and working capital constraints the results show an improvement in loss per share (LPS) of between 87% and 89% to a loss of between 5.9 and 7.2 cents per share (2011: LPS of 54.5 cents per share).
Headline loss per share (HLPS) has improved between 90% and 92% to a loss of between 3.9 to 4.8 cents per share (2011: HLPS of 47.3 cents per share).
Shareholders are advised that the information included in this announcement has not been reviewed or reported on by the Company`s auditors.
Pretoria
31 August 2012
Designated Advisor
QuestCo (Pty) Limited
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