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Assore Limited - Trading Update

Release Date: 14/02/2006 12:37
Code(s): ASR
Wrap Text

Assore Limited - Trading Update Assore Limited (Incorporated in the Republic of South Africa) Registration number 1950/037394/06 Share code : ASR ISIN: ZAE000017117 ("the Assore group") TRADING UPDATE Shareholders are advised that the results of the Assore group have been affected by recent negative market conditions for manganese ore, ferromanganese and charge chrome, resulting in lower sales volumes and lower metal prices. As a result, headline and attributable earnings for the half year ended 31 December 2005 are anticipated to be between R140,0 million and R150,0 million (6 months to 31 December 2004: headline earnings were R195,5 million and attributable earnings were R199,8 million). The above earnings forecast information has not been reviewed or reported on by the Assore group"s auditors and the interim results for the six months ended 31 December 2005 are expected to be published by the middle of March 2006. Illovo Johannesburg Contact details: Celine Stemmett Switchboard : (+27 11) 770 6800 Direct line: (+27 11) 770 6948 Email: celinestemmett@assore.com Sponsor Standard Bank Date: 14/02/2006 12:37:41 PM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

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