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LEWIS GROUP LIMITED - TRADING STATEMENT

Release Date: 15/10/2004 10:00
Code(s): LEW
Wrap Text

LEWIS GROUP LIMITED - TRADING STATEMENT Lewis Group Limited (Incorporated in the Republic of South Africa) (Formerly Rowmoor Investments 505 (Proprietary) Limited) (Registration number: 2004/009817/06) JSE share code: LEW ISIN: ZAE000058236 ("Lewis" or the "Company") Trading Statement In terms of the Listings Requirements of the JSE Securities Exchange South Africa, 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 be more than 20% different from that of the previous corresponding period. Lewis advises that both its earnings and headline earnings per share for the 6 months ended 30 September 2004 are expected to be between 50% to 60% higher than the previous corresponding period"s earnings and headline earnings per share of R 1.17 and R 1.16 respectively. The earnings and headline earnings per share are based on 100 000 000 ordinary shares in issue. The increase in earnings results firstly from a reduction in finance costs caused mainly by the restructuring of the Lewis balance sheet prior to its recent listing. In addition, earnings have benefited from a further improvement in the quality of the debtors book and a continuation of positive trading. The above information has not been reviewed or reported on by the Company"s auditors. Lewis expects to release its results for the six months ended 30 September 2004 on 15 November 2004. Cape Town 14 October 2004 SPONSOR UBS South Africa (Pty) Ltd Date: 15/10/2004 10:00:02 AM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

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