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LEW - Lewis Group Limited - Sales and debtors` book update for the quarter and

Release Date: 21/01/2011 07:15
Code(s): LEW
Wrap Text

LEW - Lewis Group Limited - Sales and debtors` book update for the quarter and nine months ended December 2010 Lewis Group Limited Reg No. 2004/009817/06 JSE Share Code : LEW ISIN: ZAE000058236 ("Lewis" or "the group") SALES AND DEBTORS` BOOK UPDATE FOR THE QUARTER AND NINE MONTHS ENDED DECEMBER 2010 Sales have continued to improve since the group`s interim reporting period, with merchandise sales for the quarter ended December 2010 increasing by 13%. Merchandise sales for the nine months to December 2010 reflect a cumulative increase of 12%. Solid debtor collections continued for the quarter ended December 2010, resulting in an increase of 14.7% in collection levels, with debtor costs for the nine months reflecting a satisfactory improvement. The above information has not been reviewed or reported on by the group`s auditors. Lewis expects to announce its results for the year ended 31 March 2011 on or about Monday, 23 May 2011. Cape Town 21 January 2011 Sponsor: UBS South Africa (Pty) Ltd Date: 21/01/2011 07:15:01 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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