SKJ - Sekunjalo - Trading Statement

SKJ - Sekunjalo - Trading Statement                                             
Sekunjalo Investments Limited                                                   
(Incorporated in the Republic of South Africa)                                  
(Registration number 1996/006093/06)                                            
Share code: SKJ & ISIN: ZAE000017893                                            
("Sekunjalo" or "the company")                                                  
TRADING STATEMENT - PROFIT UPDATE                                               
MARKED IMPROVEMENT OF SEKUNJALO INTERIM RESULTS                                 
In terms of the Listings Requirements of the JSE Limited, a listed company is   
required to publish a trading statement as soon as it is satisfied that a       
reasonable degree of certainty exists that its financial results for the next   
reporting period will differ by 20% or more from those of the corresponding     
period of the previous year.  The board of directors of Sekunjalo accordingly   
advises that they expect earnings per share and headline earnings per share for 
the six months ended 28 February 2007 to be between 2.70c to 3.30c per share.   
This is a marked improvement from a loss per share and headline loss per share  
of (3.31c) for the comparative period of six months to 28 February 2006. The    
interim results for the half year have been positively impacted by greatly      
improved earnings in the fishing sector as well as strong performances by the   
Technology and Innovation driven investments. It is anticipated that the        
financial results of Sekunjalo for the six months ended 28 February 2007 will be
released on or about 10th May 2007.  The financial information in this trading  
statement has not been reviewed or reported on by Sekunjalo`s auditors.         
Cape Town                                                                       
18 April 2007                                                                   
SponsorAbsa Capital                                                             
Date: 18/04/2007 12:39:40 Supplied by www.sharenet.co.za                     
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