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TRU - Truworths International Limited - Trading Statement

Release Date: 15/01/2009 08:00
Code(s): TRU
Wrap Text

TRU - Truworths International Limited - Trading Statement Truworths International Limited (Incorporated in the Republic of South Africa) (Registration number 1944/017491/06) JSE Code: TRU NSX Code: TRW ISIN: ZAE000028296 TRADING STATEMENT Truworths International Limited (`the Group`) anticipates that both basic and headline earnings per share for the 26 week trading period to 28 December 2008 (`the period`) will be between 12% and 17% higher than those reported for the 27 week period to 30 December 2007 ("the prior period"). In a challenging trading environment, Group retail sales for the period increased to R3 415 million, 9% above the prior period, with product inflation measuring approximately 6%, and trading space increasing by 11%. If the effect of the additional trading week in the prior period is excluded, Group retail sales reflect an increase of 13% (7% on a same store basis), and basic and headline earnings per share for the period are anticipated to increase by between 20% and 25%. Shareholders are advised that the financial information contained in this statement has neither been reviewed nor reported on by the external auditors, and that the Group`s unaudited interim results for the period are scheduled to be announced on Wednesday 18 February 2009. Cape Town 15 January 2009 South African Sponsor: Barnard Jacobs Mellet Corporate Finance (Pty) Limited Namibian Sponsor: Old Mutual Investment Services (Namibia) (Pty) Limited Date: 15/01/2009 08:00:01 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.

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