AFX / AOX - African Oxygen Limited - Afrox Trading Update

AFX / AOX - African Oxygen Limited - Afrox Trading Update                       
AFRICAN OXYGEN LIMITED                                                          
(Incorporated in the Republic of South Africa)                                  
(Registration number 1927/000089/06)                                            
JSE code: AFX                                                                   
NSX code: AOX                                                                   
ISIN: ZAE000067120                                                              
("Afrox" or "the company" or "the Group")                                       
AFROX TRADING UPDATE                                                            
Afrox`s results for the fifteen months ended 31 December 2007 are expected to be
released on or about 14 February 2008.                                          
In compliance with the Listings Requirements of the JSE Limited and in respect  
of the fifteen months ended 30 December 2007, the Group hereby advises          
shareholders that:                                                              
*    core headline earnings per share are expected to be between 50% and 60%    
higher than those reported for the twelve months ended 30 September 2006    
    ("previous corresponding period");                                          
*    headline earnings per share are expected to be between 0% and 10% higher   
    than those reported for the previous corresponding period; and              
*    basic earnings per share are expected to be between 25% and 35% below those
    reported for the previous corresponding period.                             
In the previous corresponding period, the earnings were strongly impacted by the
profit realised from the disposal of the healthcare investment, the share of    
associate profits derived from the healthcare interest and a pension fund       
surplus.                                                                        
Shareholders are advised that the forecast financial information contained in   
this trading update has neither been reviewed nor reported on by the company`s  
external auditors.                                                              
Johannesburg                                                                    
6 February 2008                                                                 
Sponsor                                                                         
Barnard Jacobs Mellet Corporate Finance (Pty) Limited                           
Date: 06/02/2008 13:00:02 Supplied by www.sharenet.co.za                     
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