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TMT - Trematon Capital Investments Limited - Trading Statement

Release Date: 24/04/2007 16:34
Code(s): TMT
Wrap Text

TMT - Trematon Capital Investments Limited - Trading Statement Trematon Capital Investments Limited (Incorporated in the Republic of South Africa) (Registration number 1997/008691/06) Share code: TMT ISIN: ZAE000013991 ("Trematon" or "the company")
TRADING STATEMENT The directors of Trematon hereby notify shareholders that the company`s earnings and headline earnings per share for the six months ended 28 February 2007 are expected to be between 58% and 63% and 29% and 34%, respectively, lower than the earnings and headline earnings per share for the six months ended 28 February 2006. The primary reason for the reduction in earnings per share is reduced activity in the short-term trading portfolio. The company is increasingly reliant on activities in listed and unlisted investments which have a longer-term return profile. Changes in the value of these assets are not included in current income. The net asset value of the company is expected to increase over the same period by approximately 15%. The financial information on which this trading statement is based has not been reported on by Trematon`s auditors and is expected to be published not later than 8 May 2007. Cape Town 24 April 2007 Sponsor: Bridge Capital Advisors (Pty) Limited Date: 24/04/2007 16:34:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department.

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