AET - Alert Steel Holdings Limited - Trading Update

AET - Alert Steel Holdings Limited - Trading Update                             
Alert Steel Holdings Limited                                                    
Incorporated in the Republic of South Africa)                                   
(Registration number 2003/005144/06)                                            
JSE code: AET                                                                   
ISIN: ZAE000092847                                                              
("Alert" or "the company")                                                      
TRADING UPDATE                                                                  
Shareholders are advised that Alert is currently finalising its results for the 
six months ended 31 December 2010 and anticipates that the group will reflect a 
basic loss per share of between 31 cents and 37 cents and a headline loss per   
share of between 24 cents and 29 cents per share.                               
The financial information on which this trading statement is based has not been 
reviewed or reported on by the company`s auditors.                              
The group`s results for the six months ended 31 December 2010 are expected to be
published on SENS on or before 31 March 2011.                                   
28 March 2011                                                                   
Designated Adviser                                                              
Vunani Corporate Finance                                                        
Date: 28/03/2011 13:25:01 Supplied by www.sharenet.co.za                     
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