ASSORE LIMITED - Voluntary Trading Statement

Voluntary Trading Statement

Assore Limited
(Incorporated in the Republic of South Africa)
Registration number: 1950/037394/06
Share code: ASR
ISIN: ZAE000146932
(“Assore” or “the Group”)

VOLUNTARY TRADING STATEMENT

Shareholders of Assore are advised that headline earnings for
the   current  financial year   are  anticipated  to  decrease
marginally to between R3,35 billion and R3,65 billion compared
to R3,7 billion recorded in the previous financial year
(“2012”).

Despite the decrease in headline earnings announced for the
first half of R1,1 billion (2012: R2,1 billion), the Group
recorded record sales volumes of iron, and chrome ores, in the
second half, which, combined with a weaker Rand/US Dollar
exchange rate over this period has resulted in a considerable
increase in headline earnings for the second half.

Based on the trading conditions set out above, earnings per
share for the year ended 30 June 2013 are anticipated to
decrease to between R31,50 and R34,40 per share from R38,27 per
share for the year ended 30 June 2012 and headline earnings per
share are expected to amount to between R32,45 and R35,35 per
share from R35,19 per share for the year ended 30 June 2012.
Earnings per share calculations are based on a weighted average
number   of   103,21 million   (year  ended   30   June   2012:
105,37 million) shares in issue.

The above information has not been reviewed or reported on by
Assore's auditors and the results for the Group for the year
ended 30 June 2013 are expected to be published on or about 29
August 2013.



Illovo Boulevard
Johannesburg
19 August 2013
Contact details:
Ross Davies
Switchboard: +27 (0)11 770 6800
Direct line: +27 (0)11 770 6815
E-mail: rossdavies@assore.com

Financial Communications Advisor
College Hill, Amelia Soares, +27 (0)11 447 3030

Sponsor
The Standard Bank of South Africa Limited

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