SOH - South Ocean Holdings Limited - Trading Statement

SOH - South Ocean Holdings Limited - Trading Statement                          
South Ocean Holdings Limited                                                    
(Incorporated in the Republic of South Africa)                                  
(Reg. No 2007/002381/06)                                                        
Share Code: SOH                                                                 
ISIN: ZAE000092748                                                              
("South Ocean" or "the company")                                                
Trading Statement                                                               
South Ocean`s headline earnings per share and earnings per share for the 12     
months ended                                                                    
31 December 2010 are expected to be, respectively, between 30% to 40% and 60% to
70% higher than for the corresponding prior period. As reported in the          
corresponding prior period, headline earnings per share was 24.1 cents per share
and the earnings per share was 20.2 cents per share.                            
The financial information on which this trading statement is based has not been 
reviewed or reported on by South Ocean`s auditors. The results for the 12 months
ended 31 December 2010 are expected to be published on or about the 1 March     
2011.                                                                           
18 February 2011                                                                
Alrode                                                                          
Sponsor                                                                         
Investec Bank                                                                   
Date: 18/02/2011 12:03:02 Supplied by www.sharenet.co.za                     
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