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SNV - Santova Logistics Limited - Trading statement

Release Date: 04/05/2010 08:50
Code(s): SNV
Wrap Text

SNV - Santova Logistics Limited - Trading statement SANTOVA LOGISTICS LIMITED (Registration Number 1998/018118/06) Share Code: SNV & ISIN: ZAE000090650 ("Santova" or "the Company") TRADING STATEMENT In terms of the listing requirements of the JSE Limited ("JSE"), a company has to publish a trading statement if an increase or decrease of more than 20% (compared to the previous reporting period) in its basic earnings per share or headline earnings per share is expected. Shareholders of Santova are advised that group earnings and group headline earnings per share for the year ended 28 February 2010 will be approximately 0,30 and 0,31 cents per share, respectively, a decrease of 51.7% and 54.5% respectively, to the last published 28 February 2009 annual results. The decrease in group earnings and group headline earnings per share can be attributed to the general decline in trading levels experienced globally during the year. This trading statement and SENS announcement has not been reviewed nor audited by the Company`s auditors, Deloitte & Touche. The Company expects to publish its audited abridged group results for the year ended 28 February 2010 on or about 13th May 2010 and post its annual report on or about 28th May 2010. Durban 4 May 2010 Designated and Corporate Advisor River Group Date: 04/05/2010 08:50:01 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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