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Petmin - Trading statement and South African Reserve Bank approval for

Release Date: 31/08/2006 08:00
Code(s): PET
Wrap Text

Petmin - Trading statement and South African Reserve Bank approval for secondary listing granted Petmin Limited (Formerly Petra Mining Limited) Incorporated in the Republic of South Africa Registration Number 1972/001062/06 Share Code: PET & ISIN: ZAE000076014 ("Petmin", "the company" or "the group") Trading statement and South African Reserve Bank approval for secondary listing granted Shareholders of Petmin are hereby advised that headline earnings per share for the full year ended 30 June 2006 are expected to be approximately 4.9 cents per share, an increase of 51 %. Basic earnings per share are expected to be approximately 16.3 cents per share, a decrease of 2.6 %. The difference between the headline and basic earnings per share is due to profit generated on the acquisition of subsidiaries. The reviewed financial results for the year ended 30 June 2006 are expected to be published before 15 September 2006 and shareholders are accordingly requested to be aware of the above facts when dealing in their shares until publication of the financial results. The financial information in this trading statement has not been reviewed or audited by the company"s auditors. The board is also pleased to announce that the South African Reserve Bank has granted the company an in principle approval to pursue a secondary listing on the London Stock Exchange - Alternative Investments Market ("AIM").Shareholders will be informed in due course on the intended action required to obtain shareholder approval for the AIM listing. August 30, 2006 Johannesburg Sponsor and Corporate Advisor River Group Date: 31/08/2006 08:00:05 AM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

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