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IWE - Interwaste Holdings - Trading Update

Release Date: 23/03/2011 16:55
Code(s): IWE
Wrap Text

IWE - Interwaste Holdings - Trading Update Interwaste Holdings Limited (Incorporated in the Republic of South Africa) (Registration number: 2006/037223/06) JSE code: IWE ISIN: ZAE000097903 ("Interwaste Holdings" or "the company" or "the group") TRADING UPDATE Shareholders are advised that Interwaste Holdings is currently finalising its results for the year ended 31 December 2010 and anticipates that the group will reflect a basic loss per share of between 3.50 and 4.10 cents, and a headline loss per share of between 3.20 and 3.80 cents, for the financial year. Shareholders are further advised that the board anticipates a prior year adjustment comprising a basic and headline loss of between 5.00 and 5.60 cents per share. Prior year basic earnings are expected to reduce to between 2.80 and 3.30 cents per share and headline earnings are expected to reduce to between 2.20 and 2.60 cents per share. The financial information contained in this trading update has not been reviewed and/or reported on by the company`s auditors. The company`s reviewed results for the year ended 31 December 2010 are expected to be released on SENS before 31 March 2011. Randburg 23 March 2011 Designated Adviser Vunani Corporate Finance Date: 23/03/2011 16:55:00 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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