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GRF - Group Five Limited - Trading Statement

Release Date: 16/07/2009 13:50
Code(s): GRF
Wrap Text

GRF - Group Five Limited - Trading Statement GROUP FIVE LIMITED (Incorporated in the Republic of South Africa) (Registration number 1969/000032/06) Share code: GRF & ISIN: ZAE000027405 ("Group Five" or "the group") TRADING STATEMENT Group Five shareholders are advised that, for the year ended 30th June 2009, the group expects: - Fully diluted headline earnings per share ("FDHEPS") to be between 20%-30% higher (478 cents per share to 517 cents per share; and - Fully diluted earnings per share ("FDEPS") to be between 20%-30% higher (455 cents per share to 493 cents per share) than the FDHEPS of 398 cents per share and the FDEPS of 379 cents per share published for the previous corresponding period. Note that the F2009 FDHEPS and FDEPS numbers above have not been affected by any material fair value adjustments on service concessions nor by any material adjustments arising from pension fund valuations processed in the second half of the financial year. In addition, and to assist for comparative purposes, both the F2008 and F2009 FDHEPS and FDEPS numbers presented above are calculated using fully diluted number of shares which include the dilutionary effect of the shares held by the iLima Consortium at each year end. As disclosed in our announcement dated 18 June 2009, the Group Five BEE transaction, in so far as it relates to iLima Consortium will unwind and this will result in the return of the group`s shares held by iLima to Group Five. The above information has not been reviewed or reported on by Group Five`s auditors. The group`s results will be released on SENS on 11th August 2009 and the annual report will be available on the same date. Johannesburg 16 July 2009 Sponsor Nedbank Capital Date: 16/07/2009 13:50:01 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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