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TMT - Trematon Capital Investments Limited - Trading Statement

Release Date: 13/11/2009 13:45
Code(s): TMT
Wrap Text

TMT - Trematon Capital Investments Limited - Trading Statement Trematon Capital Investments Limited (Incorporated in the Republic of South Africa) Registration number 1997/008691/06 Share code: TMT ISIN: ZAE000013991 ("Trematon" or "the Company") TRADING STATEMENT Shareholders are advised that Trematon`s loss/earnings and headline earnings per share for the year ended 31 August 2009 will be a loss of approximately 1.3 cents per share and headline earnings of approximately 4.5 cents per share compared to earnings of 19.7 cents per share and headline earnings of 5.5 cents per share for the previous comparable period, being the year ended 31 August 2008. The net asset value of the company is expected to decrease from 84 cents per share for the previous comparable period to approximately 81 cents per share. The reason for the reduction in earnings, headline earnings and net asset value is the impairment of the value of certain property holdings at Club Mykonos Langebaan Limited, non-recurring restructuring expenses incurred at the Club Mykonos Head Office and the writedown of an investment in a BEE entity. The financial information in this trading statement has not been reviewed by the company`s auditors. The audited year end results will be published on or about 18 November 2009. Cape Town 13 November 2009 Sponsor Sasfin Capital A division of Sasfin Bank Limited Date: 13/11/2009 13:45:02 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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