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Transpaco - Trading statement

Release Date: 31/10/2006 10:39
Code(s): TPC
Wrap Text

Transpaco - Trading statement TRANSPACO LIMITED (Incorporated in the Republic of South Africa) (Registration number 1951/000799/06) Share code: TPC & ISIN: ZAE000007480 ("Transpaco") Trading statement in terms of the listings requirements of Jse Limited Based on the unaudited results for the 3-month period July 2006 to September 2006 and taking into account management"s forecast for the 3- month period October 2006 to December 2006, Transpaco expects both headline and basic earnings per share for the six-month period ending 31 December 2006 to be between 40% and 55% higher than those reported for the corresponding period last year. For continuing operations the increase will be between 20% and 35% after adjusting for discontinued operations in the corresponding period last year. These forecasts take no account of the proposed acquisition of the Flexibles Bellville business of Nampak Products Limited which is still subject to Competition Commission approval. If approved the acquisition will take effect on 4 December 2006. It is expected that the results for the current six months will be announced towards the end of February 2007. This trading statement has not been reviewed or reported on by Transpaco"s auditors. Sponsor Legal advisors Investec Werksmans Incorporated (Registration number 1990/007215/21) Date: 31/10/2006 10:39:06 AM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

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