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BVT - Bidvest - Trading Statement for the year ended June 30 2007

Release Date: 15/08/2007 10:20
Code(s): BVT
Wrap Text

BVT - Bidvest - Trading Statement for the year ended June 30 2007 The Bidvest Group Limited Incorporated in the Republic of South Africa Registration number 1946/021180/06 Share code: BVT ISIN: ZAE000050449 ("Bidvest") Trading Statement for the year ended June 30 2007 Bidvest announces that it expects headline earnings per share for the year ended June 30 2007 to be 20% to 22% higher than those of the prior year. Earnings per share for the year ended are expected to be 12% to 14% higher primarily as a result of the full impairment of Bidvest`s investment in Tiger Wheels Limited, amounting to R178 million. This trading statement has not been reviewed or reported on by Bidvest`s external auditors. The release of the announcement of the results for the year ended June 30 2007 will be published on August 27 2007. By order of the board August 15 2007 Sponsors: Investec Bank Limited Deutsche Securities (Pty) Limited Date: 15/08/2007 10:20:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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