SCL - SACoil Holdings Limited - Trading Statement

SCL - SACoil Holdings Limited - Trading Statement                               
SACOIL HOLDINGS LIMITED                                                         
(Formerly SA Mineral Resources Corporation Limited)                             
(Incorporated in the Republic of South Africa)                                  
(Registration number 1993/000460/06)                                            
Share code: SCL     ISIN: ZAE000127460                                          
("SacOil")                                                                      
TRADING STATEMENT                                                               
In terms of the Listing Requirements of the JSE Limited, 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 next will differ by more 
than 20% from those of the previous corresponding period.                       
The board of directors of SacOil advises that its headline earnings per share   
for the year ended 28 February 2010 is expected to be between 0, 85 and 1, 05   
cents per share as opposed to a loss of 8, 65 cents per share as reported for   
the eight months ended 28 February 2009, and earnings per share is expected to  
be between 0, 68 and 0,74 cents per share as opposed to a loss of 8, 65 cents   
per share as reported for the eight months ended 28 February 2009.              
The information contained in this Trading Statement has not been reviewed or    
reported on by the company`s external auditors. SacOil will release its reviewed
provisional results for the year ended 28 February 2010 on or before 21 May     
2010.                                                                           
By order of the board                                                           
Johannesburg                                                                    
19 May 2010                                                                     
Sponsor                                                                         
Sasfin Capital (A division of Sasfin Bank Limited)                              
Date: 19/05/2010 17:17:01 Supplied by www.sharenet.co.za                     
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