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NPK - Nampak Limited - Trading Statement

Release Date: 24/04/2009 12:00
Code(s): NPK
Wrap Text

NPK - Nampak Limited - Trading Statement Nampak Limited (Incorporated in the Republic of South Africa) Registration number: 1968/008070/06) ISIN: ZAE000071676 Share code: NPK ("Nampak" or "the Company") Trading Statement In terms of paragraph 3.4(b) of the Listings Requirements of the JSE Limited, a company is required to publish a trading statement as soon as it becomes reasonably certain that its financial results for the period to be reported on next will differ by 20% or more from those of the corresponding period of the previous year. Nampak advises that for the six months ended 31 March 2009 its headline earnings per share and basic earnings per share are expected to be between 35% and 45% lower than the 109.9 and 110.4 cents per share respectively for the six months ended 31 March 2008. This is mainly attributable to the release of a tax provision of R 102.7 million in the corresponding period of the previous year and an after tax loss on the fair value of financial instruments of R45.4 million against a gain of R 75.3 million in the corresponding period of the previous year . Nampak expects its trading income for the same period to be between 0% and 5% higher than its trading income for the corresponding period in the previous year The results in respect of the reporting period have not been reviewed or reported on by the Company`s auditors and are expected to be finalised and published on SENS on 21 May 2009. Sandton 24 April 2009 Sponsor: UBS (South Africa) (Pty) Limited Date: 24/04/2009 12:00:01 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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