THE YORK TIMBER ORGANISATION LIMITED - TRADING STATEMENT

THE YORK TIMBER ORGANISATION LIMITED - TRADING STATEMENT                        
The York Timber Organisation Limited                                            
(Incorporated in the Republic of South Africa)                                  
(Registration number 1916/004890/06)                                            
Share code YRK        ISIN Code:   ZAE000008108                                 
("Yorkcor" or "the company")                                                    
Trading Statement                                                               
In terms of the Listings Requirements of the JSE Securities Exchange South      
Africa ("JSE") a listed company is required to publish a trading statement as   
soon as it becomes aware that the financial results for the next period to be   
reported on will differ by at least 20% or more from those of the previous      
corresponding period.                                                           
It is expected that the group financial results for the year ended 31 December  
2004 will show an improvement over the previous year. Headline earnings per     
share for 2004 are expected to reflect an increase of between 520% and 610%.    
Earnings in the 2003 financial statements were 303,2 cents per share of which   
257,1 cents per share was attributable to the proceeds of the compensation      
amounting to about R29 million awarded to the group on 29 March 2004 and paid by
the government on 17 June 2004. The adjusted figure for earnings amounted to    
46.1 cents per share in 2003. The earnings per share figure for 2004 is expected
to show an improvement of between 55% and 65% after such adjustment.            
In the light of the expected improved results and financial position, the       
directors are considering the declaration of a special dividend in addition to  
an ordinary dividend. The company did not pay a dividend last year.             
The financial information on which this trading statement is based has not been 
reviewed or reported on by the group"s auditors. The publication of the results 
is expected during March 2005.                                                  
Pretoria                                                                        
Sponsor:Sasfin Corporate Finance:  a division of Sasfin Bank Ltd                
Friday, 11 February 2005                                                        
Date: 11/02/2005 08:00:02 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department