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DAW - Dawn - Updated Trading Statement for the twelve months ended 30 June 2009

Release Date: 07/09/2009 12:49
Code(s): DAW
Wrap Text

DAW - Dawn - Updated Trading Statement for the twelve months ended 30 June 2009 Distribution and Warehousing Network Limited (Incorporated in the Republic of South Africa) (Registration number 1984/008265/06) Share code: DAW & ISIN code: ZAE000018834 ("Dawn" or "the Company") Updated Trading Statement for the twelve months ended 30 June 2009 Dawn Limited wishes to inform shareholders that following its trading update released on SENS on 2 July 2009, more stringent IFRS requirements during the auditing process required a further adjustment to the 2009 financial year results. These adjustments are of a non-core trading nature and have no cash flow impact. Headline earnings per share for the twelve months ended 30 June 2009 will therefore be 45% to 50% lower than the reported headline earnings per share for the prior comparative period. Earnings per share will be 55% to 60% lower than the reported earnings per share for the prior comparative period. The Company`s results will be released tomorrow, 8 September 2009. Johannesburg 7 September 2009 Sponsor Deloitte & Touche Sponsor Services (Pty) Limited Date: 07/09/2009 12:49:01 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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