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SHF / SHFF - Steinhoff - Trading Update

Release Date: 26/02/2008 09:10
Code(s): SHF SHFF
Wrap Text

SHF / SHFF - Steinhoff - Trading Update STEINHOFF INTERNATIONAL HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration no. 1998/003951/06) Ordinary share code: "SHF" ISIN: ZAE000016176 ("Steinhoff") STEINHOFF INVESTMENT HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration no. 1954/001893/06) (a wholly-owned subsidiary of Steinhoff) Preference share code: "SHFF" ISIN: ZAE000068367 (collectively "the Group") Trading Update In compliance with paragraph 3.4 of the Listings Requirements of the JSE Limited, a listed company is required to publish a trading statement as soon as it becomes aware, with a reasonable degree of certainty, that the financial results for the next period to be reported on will differ by at least 20% from those of the previous corresponding period. Accordingly, the Group hereby advises that, for the six months ended 31 December 2007, it expects headline earnings per share to be 20% to 25% above those reported for the corresponding six month period ended 31 December 2006. Earnings per share are expected to be 10% to 15% above those reported for the corresponding six months period ended 31 December 2006, after providing for an impairment charge relating to the write-down of the carrying value of listed associated company investment, Amalgamated Appliance Holdings Limited, to its market value as at 31 December 2007. The information in this trading statement has not been reviewed nor reported on by the Group`s auditors. The unaudited interim financial results of the Group for the six months ended 31 December 2007 are expected to be released on or about 05 March 2008. Wynberg, Sandton 26 February 2008 Sponsor - PSG Capital (Pty) Limited Date: 26/02/2008 09:10:14 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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