NWL - Nu-World - Trading statement

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 six months ended                
28 February 2009, is expecting a decline in earnings per share ("EPS") of       
between 50% and 60% and a decline in headline earnings per share ("HEPS")       
of between 40% and 50% compared to the previous corresponding reporting         
period. This decline is largely as a result of adverse trading conditions       
in our offshore and local manufacturing operations resulting in the Group`s     
decision to rationalize and restructure these organizations, which has          
commenced and is expected to be completed by the financial year-end.            
The financial information on which this trading statement is based has not      
been reviewed or reported on by Nu-World`s auditors and the company`s           
unaudited interim results for the period ended 28 February 2009 is              
expected to be published on or about 13 May 2009.                               
Johannesburg                                                                    
9 April 2009                                                                    
Sponsor :                                                                       
Sasfin Capital(a division of Sasfin Bank Limited)                               
Date: 09/04/2009 12:11:06 Supplied by www.sharenet.co.za                     
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