ASR - Assore Limited - Trading Update

ASR - Assore Limited - Trading Update                                           
Assore Limited                                                                  
(Incorporated in the Republic of South Africa)                                  
Registration number 1950/037394/06                                              
Share code: ASR                                                                 
ISIN: ZAE000017117                                                              
("the Assore group")                                                            
TRADING UPDATE                                                                  
Shareholders are advised that the Assore group has continued to benefit from    
positive market conditions since the final results announcement published on 30 
August 2007, with increased sales volumes and increased US Dollar and Euro      
prices achieved for all products. As a result, attributable earnings per share  
for the half year to 31 December 2007 are anticipated to be between R22,00 and  
R26,00 (half year ended 31 December 2006 : R11,08 per share). Accordingly       
headline earnings per share are expected to be between R21,50 and R25,50 (half  
year ended 31 December 2006 : R11,02 per share). Earnings per share calculations
are based on a weighted average of 27,00 million shares in issue for the half   
year (half year ended 31 December 2006 : 27,08 million).                        
The above earnings forecast information has not been reviewed or reported on by 
the Assore group`s auditors.                                                    
The interim results for the half year ended 31 December 2007 are expected to be 
published towards the end of February 2008.                                     
Illovo Boulevard                                                                
Johannesburg                                                                    
12 February 2008                                                                
Contact details:                                                                
Celine Stemmett                                                                 
Switchboard : (+27 11) 770 6800                                                 
Direct line: (+27 11) 770 6948                                                  
Email: celinestemmett@assore.com                                                
Sponsor                                                                         
Standard Bank                                                                   
Date: 12/02/2008 16:00:01 Supplied by www.sharenet.co.za                     
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