BSS - BSI Steel Limited - Trading Update

BSS - BSI Steel Limited - Trading Update                                        
BSI STEEL Limited                                                               
(Incorporated in the Republic of South Africa)                                  
(Registration number 2001/023164/06)                                            
(JSE code: BSS ISIN: ZAE000125134)                                              
("the company")                                                                 
TRADING UPDATE                                                                  
The directors advise that the company`s business has continued to improve since 
year end and it is accordingly expected that the profit for the six months      
ending 30 September 2010 will be higher than that of the comparative period.    
At this stage, the directors are unable to quantify, with any degree of         
certainty, the expected basic and headline earnings per share for the six months
ending 30 September 2010 and will release a further announcement containing such
detail in due course.                                                           
The financial information on which this trading statement is based has not been 
reviewed or reported on by the company`s auditors.                              
13 August 2010                                                                  
Designated Adviser                                                              
Vunani Corporate Finance                                                        
Date: 13/08/2010 09:11:02 Supplied by www.sharenet.co.za                     
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