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NTC - Netcare Limited - Trading Statement

Release Date: 12/11/2009 08:30
Code(s): NTC
Wrap Text

NTC - Netcare Limited - Trading Statement NETCARE LIMITED (Registration number 1996/008242/06) Code: NTC ISIN number: ZAE000011953 ("Netcare" or "the Group") TRADING STATEMENT - GROUP RESULTS FOR THE YEAR ENDED 30 SEPTEMBER 2009 In terms of paragraph 3.4 (b) of the JSE Limited ("JSE") listings requirements, companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the period to be reported upon differ by at least 20% from that of the previous corresponding period. Netcare is in the process of finalising its audited Group results for the year ended 30 September 2009, which are expected to be released on SENS on or about 23 November 2009. Netcare`s principal business interests are in the geographical regions of South Africa and the United Kingdom. Both regions will report improved earnings for the year. The earnings will be further enhanced by the savings in finance costs as a result of lower interest rates in South Africa and the reduction in interest bearing debt arising from the proceeds on the sale of the Ampath Holdings Trust. Having regard to the above, shareholders are advised that - basic earnings per share ("EPS") for the year ended 30 September 2009 are expected to be between 90% and 100% higher than the EPS for the year ended 30 September 2008; and headline earnings per share ("HEPS") for the year ended 30 September 2009 are expected to be between 25% and 35% higher compared to the HEPS for the year ended 30 September 2008. The financial information on which the above trading statement has been provided has neither been reviewed nor reported on by Netcare`s auditors. Johannesburg 12 November 2009 Sponsor - Nedbank Capital Date: 12/11/2009 08:30:04 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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