NWL - Nu-World - Trading Statement

NWL - Nu-World - Trading Statement                                              
NU-WORLD HOLDINGS LIMITED                                                       
(Incorporated in the Republic of South Africa)                                  
(Registration No. 1968/002490/06)                                               
Share Code: NWL & ISIN code: ZAE000005070                                       
("Nu-World" or "the company")                                                   
TRADING STATEMENT                                                               
Nu-World is expecting an increase of up to 10% in both turnover and earnings per
share. However due to a poor last quarter and difficult trading conditions      
across all divisions, both locally and abroad, in addition to late delivery of a
number of projects that will only materialize in the following financial year,  
Nu-World is expecting a decrease of between 30% to 35% in headline earnings per 
share for the year ended 31 August 2007 compared to that of the previous        
comparative period.                                                             
The information in this trading statement has not been reviewed or reported on  
by Nu-World`s auditors.                                                         
The company`s audited results are expected to be published on or about 24       
October 2007.                                                                   
Johannesburg                                                                    
24 August 2007                                                                  
Lead Sponsor                                                                    
Sasfin Corporate Finance                                                        
A division of Sasfin Bank Limited                                               
Joint Sponsor                                                                   
Nedbank Capital                                                                 
Date: 24/08/2007 08:00:05 Supplied by www.sharenet.co.za                     
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