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CAP - Cape Empowerment Limited - Trading statement

Release Date: 25/03/2011 12:13
Code(s): CAP
Wrap Text

CAP - Cape Empowerment Limited - Trading statement CAPE EMPOWERMENT LIMITED (Incorporated in the Republic of South Africa) (Registration number 1987/001807/06) JSE Code CAP ISIN ZAE000145066 ("Cape Empowerment" or "the company") TRADING STATEMENT Shareholders are advised that Cape Empowerment is expecting to report earnings per share for the 12 months ended 31 December 2010 of between 13,0 and 10,6 cents compared to a restated loss per share of 1,1 cents and headline earnings per share of between 3,6 and 2,9 cents compared to a restated headline loss per share of 1,5 cents for the previous comparable period, being the 12 months ended 31 December 2009. The per share comparatives have been restated as required by IFRS 3 - Business Combinations following the reverse acquisition of Dynamic Cables RSA Limited on 1 June 2010. The financial information on which this trading statement is based has not been reviewed or reported on by the company`s auditors. Cape Empowerment`s reviewed results for the 12 months ended 31 December 2010 are expected to be published on or about 30 March 2011. Cape Town 25 March 2011 Sponsor SASFIN CAPITAL A division of Sasfin Bank Limited Date: 25/03/2011 12:13:01 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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