ISB - Insimbi - Trading Update

ISB - Insimbi - Trading Update                                                  
Insimbi Refractory and Alloy Supplies Limited                                   
Registration number 2002/029821/06)                                             
JSE share code:  ISB                                                            
ISIN Number:ZAE000116828                                                        
("Insimbi" or "the company")                                                    
Trading update                                                                  
In terms of the Listing Requirements of the JSE Limited ("JSE 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 on  
will be more than 20% different from that of the previous corresponding period. 
Shareholders are referred to the previous trading update released on SENS on 1  
April 2010, and advised that management has obtained a further degree of        
certainty in terms of rule 3.4(b)(iii) of the JSE requirements.                 
Accordingly, a review of the financial results by management has indicated that 
for the year ending 28 February 2010, earnings per share (EPS) and headline     
earnings per share (HEPS) for the group are expected to be 4.12 and 4.13 cents  
respectively compared to 19.87 and 20.06 cents for the same reporting period    
last year.                                                                      
The financial information on which this trading statement is based has not been 
reviewed or reported on by the Group`s auditors.  The results for the year      
ending 28 February 2010 remain on track to be published on or around 28 May     
2010.                                                                           
19 May 2010                                                                     
Designated Advisor                                                              
PricewaterhouseCoopers Corporate Finance (Pty) Ltd                              
(Registration number 1970/003711/07)                                            
Date: 19/05/2010 10:10:01 Supplied by www.sharenet.co.za                     
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