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PPC - Pretoria Portland Cement Company - Industry Cement Volumes

Release Date: 19/09/2008 10:02
Code(s): PPC
Wrap Text

PPC - Pretoria Portland Cement Company - Industry Cement Volumes Pretoria Portland Cement Company Limited (Incorporated in the Republic of South Africa) (Company registration number: 1892/000667/06) JSE Code: PPC ISIN: ZAE000096475 ("PPC" or "the company") Industry Cement Volumes When PPC announced its mid-year results in May 2008, it was indicated that regional sales volumes were marginally up on the previous corresponding period. PPC also advised that it had revised its expectation for the regional cement demand volume growth for the full financial year downwards, to between 2% and 4%. Industry regional cement sales volumes for PPC`s financial year to date have recently steadied at a level of around 1.8% to 2% below the previous corresponding period. The abnormally wet weather conditions in the Cape region during the last 3 months, which have continued into September, have negatively impacted on construction activity and consequently cement demand. This has had a disproportionate effect on PPC cement sales but despite this, indications are that PPC`s regional cement sales volumes for the full year are likely to be at about the same level as those of the prior year. (We refer you to the Eastern and Western Cape industry sales per day bar charts at pages 5 and 6 in the August 2008 edition of PPC`s Cement Sales Monitor on the PPC website at the following link: http://www.ppc.co.za/ppc/view/ppc/en/page6763). This statement has not been audited or reviewed by the company`s auditors. Johannesburg 19 September 2008 Sponsor Merrill Lynch South Africa (Pty) Limited Date: 19/09/2008 10:02:05 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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