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AFX - Afrox - Announcement AFRICAN OXYGEN LIMITED (Incorporated in the Republic of South Africa) (Registration number 1927/000089/06) JSE code: AFX NSX code: AOX ISIN: ZAE000067120 ("Afrox" or "the company" or "the Group") ANNOUNCEMENT This announcement relates to the actual results for the third quarter ended 30 September 2008, and must be read in conjunction with the Interim results announcement for the six months ended 30 June 2008, where it is stated that the outlook is expected to improve in the second half of 2008. The three months ended 30 September 2008 were characterised by a challenging operating environment as a result of the general slowdown in the economic conditions in South Africa. These factors did not prevail at the time Afrox issued its Interim results announcement for the six months ended 30 June 2008. Given the current market conditions, Afrox expects the negative trend experienced to continue beyond the third quarter. In response the company has implemented strategies to identify, manage and reduce risk posed by uncertainties of the global economic climate. Johannesburg 24 November 2008 Sponsor Barnard Jacobs Mellet Corporate Finance (Pty) Limited Date: 24/11/2008 13:00:01 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.
