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LAB - Labat Africa Limited - Trading Statement LABAT AFRICA LIMITED Incorporated in the Republic of South Africa (Registration Number 1986/001616/06) JSE code: LAB ISIN: ZAE000018354 ("Labat" or "the company") TRADING STATEMENT In terms of the Listings Requirements of JSE Limited, companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the period to be reported on will differ by more than 20% from those of the previous corresponding period. Accordingly, a review by management of the financial results for the six months ended 31 August 2008 has indicated that the earnings per share are expected to be between 20 cents and 22 cents, which earnings relate entirely to a fair value adjustment made relating to the unbundling of Total Client Services Limited. The headline loss per share is expected to be between 2.5 cents and 3.0 cents. The financial information on which this trading statement is based has not been reviewed or reported on by Labat`s auditors. Labat`s interim results are expected to be published during the week ending 28 November 2008. Johannesburg 24 November 2008 Sponsor Vunani Corporate Finance Date: 24/11/2008 13:59:37 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.
