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PRETORIA PORTLAND CEMENT COMPANY LIMITED - UPDATED TRADING STATEMENT AND

Release Date: 23/04/2004 12:43
Code(s): PPC
Wrap Text

PRETORIA PORTLAND CEMENT COMPANY LIMITED - UPDATED TRADING STATEMENT AND CAUTIONARY ANNOUNCEMENT PRETORIA PORTLAND CEMENT COMPANY LIMITED (Registration number 1892/000667/06) JSE code : PPC ISIN : ZAE 000005559 ("PPC" or "the company") UPDATED TRADING STATEMENT AND CAUTIONARY ANNOUNCEMENT In terms of Listings Requirements of the JSE Securities Exchange South Africa, PPC issued a trading statement on 15 March 2004 advising that its half-year financial results to 31 March 2004 were expected to be materially higher than those of the prior comparable period (materially being an increase of between 10% and 30% as defined in the JSE Listing Requirements). Regional cement industry sales volumes for the month of March 2004 reflected growth well ahead of expectations, with an increase of 25% over those of March 2003. This larger than expected surge in demand has resulted in improved sales for the half-year period to March 2004, and accordingly PPC advises that the increase in both its headline earnings and attributable earnings per share over those of the prior comparable period will be in excess of 30%. As this updated trading statement has not been reviewed and reported on by the company"s auditors, shareholders are advised to continue exercising caution when dealing in PPC shares until the release of the interim results announcement which is expected to be published on or about 6 May 2004. By order of the Board Johannesburg 23 April 2004 Sponsor Cazenove Enquiries: Pretoria Portland Cement Company Limited Peter Esterhuysen Tel: +27 11 386-9061 Director, Finance and Administration Date: 23/04/2004 12:43:35 PM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

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