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CDZ - Cadiz Holdings Limited - Trading statement

Release Date: 14/03/2011 16:44
Code(s): CDZ
Wrap Text

CDZ - Cadiz Holdings Limited - Trading statement CADIZ HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1997/007258/06) JSE share code: CDZ ISIN: ZAE000017661 ("Cadiz Holdings" or "the group") CADIZ HOLDINGS - TRADING STATEMENT Cadiz Holdings` shareholders are advised that as a result of the continued difficult trading conditions mainly in our securities business unit for the year ended 31 March 2011, the group`s basic and diluted earnings per share are anticipated to be approximately 40% lower and basic and diluted headline earnings are anticipated to be approximately 45% lower when compared to the year ended 31 March 2010. More specific information will be provided to shareholders as soon as there is reasonable certainty as to the range within 20% by which headline earnings and earnings per share have decreased. The group`s results for the year ended 31 March 2011 will be announced on SENS on Monday 30 May 2011. The financial information on which this trading statement is based has not been reviewed or reported on by the group`s independent auditors. Cape Town 14 March 2011 Sponsor Investec Bank Limited Date: 14/03/2011 16:44:00 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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