MIX - MiX Telematics Limited - Trading statement

MIX - MiX Telematics Limited - Trading statement                                
MiX Telematics Limited                                                          
(Incorporated in the Republic of South Africa)                                  
Registration number 1995/013858/06)                                             
JSE Code: MIX                                                                   
ISIN: ZAE000125316                                                              
("the company")                                                                 
TRADING STATEMENT                                                               
The financial results of the company and it`s subsidiaries ("the Group") for the
six months ended 30 September 2008 will be published on SENS on or about 24     
November 2008.                                                                  
The group`s comparative financial results for the six months ended 30 September 
2007 are before its acquisition of the Omnibridge RSA and Datatrak UK businesses
(effective 1 October 2007) and its listing on the JSE (on 12 November 2007) and 
provide no meaningful basis of comparison against the financial results for the 
six months ended 30 September 2008.                                             
Accordingly, this trading update is in respect of the expected reviewed         
financial results for the six months ended 30 September 2008 compared to        
the pro-forma comparative financial information for the period ended 30         
September 2007 as contained in the company`s published interim                  
financial results announcement for that period.                                 
The company accordingly advises that it expects:                                
-    Earnings per share ("EPS") to be between 40% and 45% above the             
proforma EPS of 4.0 cents reported for the prior comparative period;        
-    Headline earnings per share ("HEPS")to be between 40% and 45% above        
    the pro-forma HEPS of 3.8 cents reported for the prior comparative period;  
    and                                                                         
-    Adjusted headline earnings per share ("adjusted HEPS")to be between 10%    
    and 15% above the pro-forma adjusted HEPS of 5.9 cents reported for the     
    prior comparative period                                                    
The information on which the above trading statement is based has not been      
reviewed or reported on by the company`s auditors.                              
20 November 2008                                                                
Sponsor                                                                         
Java Capital (Proprietary) Limited                                              
Date: 20/11/2008 11:04:01 Supplied by www.sharenet.co.za                     
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