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NWL - Nu-World - Trading Statement

Release Date: 21/10/2008 17:39
Code(s): NWL
Wrap Text

NWL - Nu-World - Trading Statement NU-WORLD HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration No: 1968/002490/06) Share Code: NWL & ISIN Code: ZAE000005070 ("Nu-World" or "the Company") TRADING STATEMENT Shareholders are advised that Nu-World, for its twelve month financial period ended 31 August 2008, is expecting a decline in earnings per share ("EPS") of between 45% and 55% and a decline in headline earnings per share ("HEPS") of less than 20% compared to the previous corresponding reporting period. The calculation of HEPS for the comparative period included an adjustment for the Profit on sale of Trademarks of R30,7 million. The financial information on which this trading statement is based has not been reported on by Nu-World`s auditors and is expected to be published on or about 28 October 2008. Johannesburg 21 October 2008 Sponsor: Sasfin Capital (a division of Sasfin Bank Limited) Date: 21/10/2008 17:39:10 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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