Famous Brands Limited - Trading statement in respect of the year ended 28

Famous Brands Limited - Trading statement in respect of the year ended 28       
February 2006                                                                   
Famous Brands Limited                                                           
Incorporated in the Republic of South Africa                                    
Registration number 1969/004875/06                                              
Share code:  FBR                                                                
ISIN:  ZAE000053328                                                             
"Famous Brands" or "the group"                                                  
TRADING STATEMENT IN RESPECT OF THE YEAR ENDED 28 FEBRUARY 2006                 
In terms of the Listings Requirements of the JSE Limited ("JSE Listings         
Requirements"), companies are required to publish a trading statement as soon as
they become aware that the financial results for the period to be reported upon 
next will differ by at least 20% from that of the previous corresponding period.
Famous Brands accordingly advises that it expects earnings per share and        
headline earnings per share for the year ended 28 February 2006 to be between 30
to 40 percent above earnings per share and headline earnings per share reported 
for the previous corresponding period.                                          
Famous Brands further advises that these results will be presented in accordance
with International Financial Reporting Standards ("IFRS"). As a result of the   
IFRS adjustments, attributable earnings and headline earnings for the year ended
28 February 2005 have been restated to R53.1 million (from R43.4 million) and   
R51.7 million (from R49.9 million) respectively.                                
This improved performance is primarily attributable to the following:           
*    The combination of favourable macro-economic conditions, positive industry 
     trends and management"s achievements in unlocking value inherent in the    
     business.                                                                  
*    Strength of the group"s brands and optimisation of capital expenditure and 
investment.                                                                
*    The primary drivers propelling the category which remain robust, namely the
     exponential growth of the emerged middle class, the pursuit of lifestyle   
     convenience and the evolving trend of out of home consumption.             
Whilst margin squeeze was experienced in the Food Services division due to both 
operating and capital expenditure, this investment has substantially            
strengthened the group"s strategic position to capitalise on growth             
opportunities in the group"s Food Services division.  Operating margins in the  
Franchise division continued to improve.                                        
The information on which the above trading statement is based has not been      
reviewed or reported on by the company"s auditors.                              
The financial results of the group will be published on Monday, 29 May 2006.    
Rosebank                                                                        
17 May 2006                                                                     
Sponsor                                                                         
Java Capital (Proprietary) Limited                                              
Date: 17/05/2006 10:25:31 AM Supplied by www.sharenet.co.za                     
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