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MSM - Massmart Holdings Limited - Trading update for the year to June 2008

Release Date: 13/08/2008 12:50
Code(s): MSM
Wrap Text

MSM - Massmart Holdings Limited - Trading update for the year to June 2008 Massmart Holdings Limited (Incorporated in the Republic of South Africa) (Registration Number: 1940/014066/05) Share code: MSM ISIN:ZAE000029534 ("Massmart" or "the Company") Trading update for the year to June 2008 Shareholders are advised that headline earnings and headline earnings per share ("HEPS") for the 53 weeks ended on 29 June 2008 are both expected to be between 20% and 24% higher than the equivalent prior year figures. Adjusting for the 53rd week reduces the expected annual growth in HEPS to between 15% and 19%. Earnings and earnings per share for the 53 weeks are both expected to be between 23% and 27% higher than the equivalent prior year figures. The above information has not been reviewed or reported on by the Company`s auditors. Massmart`s preliminary reviewed financial results for the 53 weeks to 29 June 2008 will be released on 21 August 2008. Johannesburg 13 August 2008 Sponsor: Deutsche Securities (SA) (Proprietary) Ltd Date: 13/08/2008 12:50:01 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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