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HOWDEN AFRICA HOLDINGS LIMITED - TRADING UPDATE

Release Date: 08/02/2005 16:00
Code(s): HWN
Wrap Text

HOWDEN AFRICA HOLDINGS LIMITED - TRADING UPDATE Howden Africa Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 1996/002982/06) Share code: HWN ISIN: ZAE000010583 ("HAHL" or "the Company") Trading update 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 will be more that 20% different from that of the previous corresponding period. Accordingly, a review of the financial results for the 12 months ended 31 December 2004 by management has indicated that headline earnings per share of HAHL will be 25% to 35% higher than that of the prior comparative period. The improvement in earnings is mainly attributable to the reduced foreign exchange variable associated with our offshore activities. The financial information on which this trading statement is based has not been reviewed or reported on by HAHL"s auditors. The results for the 12 months ended 31 December 2004 are expected to be published on or about 7 March 2005. 8 February 2005 SponsorPricewaterhouseCoopers Corporate Finance (Proprietary) Limited (Registration number 1970/003711/07) Date: 08/02/2005 04:00:02 PM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

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