Sharenet Sites 
Sharenet Sites
Trading Statement
CADIZ HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1997/007258/06)
JSE share code: CDZ
ISIN: ZAE000017661
(“Cadiz Holdings” or “the group”)
CADIZ HOLDINGS – TRADING STATEMENT
Cadiz Holdings shareholders are advised that basic and diluted
earnings and headline earnings per share for the six months
ending 30 September 2012 (“the period”) are anticipated to be
between 18% and 38% higher, and that basic and diluted earnings
per share from continuing operations are anticipated to be
between 60% and 70% lower than the comparable period last year.
The main reason for the reduction in reported earnings from
continuing operations is the change in categorisation of our
Securities business following the sale of 60% of the Securities
business to BNP Paribas SA on 31 October 2011. In the current
year, Cadiz’ 40% share of the losses from the BNP Paribas
Securities business are reported as continuing operations
whereas in the in the previous period 100% of the Securities
business was treated as a discontinued operation.
The group’s results for the six months ended 30 September 2012
will be announced on SENS on Monday 12 November 2012.
The financial information on which this trading statement is
based has not been reviewed or reported on by the group’s
independent auditors.
Cape Town
2 November 2012
Sponsor
Investec Bank Limited
Date: 02/11/2012 08:49:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
