RLF - Rolfes Technology Holdings Limited - Trading Update

RLF - Rolfes Technology Holdings Limited - Trading Update                       
ROLFES TECHNOLOGY HOLDINGS LIMITED                                              
(Incorporated in the Republic of South Africa)                                  
(Registration Number:  2000/002715/06)                                          
JSE Share Code:  RLF                                                            
ISIN:  ZAE000096202                                                             
("Rolfes")                                                                      
TRADING UPDATE                                                                  
In terms of paragraph 3.4(b) of the Listings Requirements of the JSE Limited, a 
listed company is required to publish a trading statement as soon as there is a 
reasonable degree of certainty that the earnings of the company are likely to   
differ by at least 20% from those of the previous corresponding period.         
Shareholders are hereby advised that the Company is reasonably certain that its 
audited results for the 12 months ending 30 June 2010, will reflect an increase 
of at least 100% in earnings per share ("EPS") and headline earnings per share  
("HEPS"), compared to the previous financial year.                              
The improvement in the Company`s results is mainly attributable to the non-     
recurrence of the negative financial effects of the discontinued operations in  
the previous reporting period.                                                  
At this stage, the Company is unable to quantify, with reasonable certainty, the
expected range of the improved EPS and HEPS for the 12 months ending 30 June    
2010 and a further trading statement will be released by the Company once it is 
able to qualify the expected range of EPS and HEPS.                             
The information in this trading update has not been reviewed or reported on by  
the Company`s auditors.                                                         
Johannesburg                                                                    
23 June 2010                                                                    
Designated Adviser                                                              
Grindrod Bank Limited                                                           
Date: 23/06/2010 08:00:01 Supplied by www.sharenet.co.za                     
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