SLO - SELCo - Trading Statement

SLO - SELCo - Trading Statement                                                 
Southern Electricity Company Limited                                            
(Incorporated in the Republic of South Africa)                                  
(Registration number 1997/006894/06)                                            
Share code: SLO   ISIN: ZAE000041919                                            
("SELCo" or "the company")                                                      
Trading Statement                                                               
The directors of SELCo hereby notify shareholders that the company`s earnings   
and headline earnings per share for the six months ended 31 December 2010 are   
expected to be approximately 150% to 170% lower than the earnings and headline  
earnings per share for the six months ended 31 December 2009 of 1.96 cents.     
This decrease can largely be ascribed to the substantial costs involved in the  
restructuring transaction that did not materialize.                             
The financial information on which this trading statement is based has not been 
reviewed or reported on by SELCo`s auditors.  The interim results are expected  
to be published on or about 31 March 2011.                                      
Pretoria                                                                        
25 March 2011                                                                   
Sponsor: Grindrod Bank Limited                                                  
Date: 25/03/2011 12:34:01 Supplied by www.sharenet.co.za                     
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