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NPK - Nampak Limited - Trading Statement

Release Date: 28/07/2010 11:44
Code(s): NPK
Wrap Text

NPK - Nampak Limited - Trading Statement Nampak Limited (Incorporated in the Republic of South Africa) Registration number: 1968/008070/06) ISIN: ZAE000071676 Share code: NPK ("Nampak" or "the Company") Trading Statement In terms of paragraph 3.4(b) of the Listings Requirements of the JSE Limited, a company is required to publish a trading statement as soon as it becomes reasonably certain that its financial results for the period to be reported on next will differ by 20% or more from those of the corresponding period of the previous year. Nampak advises that for the year ending 30 September 2010, its headline earnings per share is expected to be between 70% and 90% higher than the 83.8 cents per share for the year ended 30 September 2009. Basic earnings per share is expected to be between 290% and 310% higher than the 34.9 cents per share for the year ended 30 September 2009. Operating profit for the same period is expected to be between 130% and 150% higher than operating income for the corresponding period in the previous year. This is mainly due to improved trading results in the corrugated division and the Leeds UK cartons business in comparison to the same period last year. In addition, major impairments of assets and significant restructure costs in the 4th quarter of last year, are not expected to be repeated. The results in respect of the reporting period have not been reviewed or reported on by the Company`s auditors and are expected to be finalised and published on SENS on 22 November 2010. Sandton 28 July 2010 Sponsor: UBS (South Africa) (Pty) Limited Date: 28/07/2010 11:44:30 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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