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SBK - Standard Bank Group - Trading statement in respect of the six months

Release Date: 27/07/2007 07:30
Code(s): SBK
Wrap Text

SBK - Standard Bank Group - Trading statement in respect of the six months ended 30 June 2007
Standard Bank Group Limited (Incorporated in the Republic of South Africa) (Registration number 1969/017128/06) South African Share Code: SBK Namibian Share Code: SNB ISIN: ZAE000057378 ("Standard Bank" or "the group") Standard Bank`s results for the six months ended 30 June 2007 will be released on 15 August 2007. In terms of the Listings Requirements of the JSE Limited ("the JSE Listing Requirements"), a listed company is required to publish a trading statement as soon as a reasonable degree of certainty exists that the financial results for the next reporting period to be reported on will differ by at least 20% from those of the previous corresponding period. The group expects that growth in headline earnings per share, earnings per share and fully diluted headline earnings per share (on both a normalised and IFRS basis) for the six months ended 30 June 2007 is likely to be between 20% and 30% when compared with the previous corresponding period. Results are normalised to reflect the legal and economic substance of the group`s Black Ownership Initiative and deemed treasury shares held for the benefit of Liberty Life policyholders. The above information has not been reviewed or reported on by the group`s auditors. Johannesburg 27 July 2007 Sponsor Standard Bank Date: 27/07/2007 07:30:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department.

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