BAU - Bauba Platinum Limited - Trading Statement

BAU - Bauba Platinum Limited - Trading Statement                                
BAUBA PLATINUM LIMITED                                                          
(formerly Absolute Holdings Limited)                                            
(Incorporated in the Republic of South Africa)                                  
(Registration number 1986/004649/06)                                            
Share code: BAU    ISIN No: ZAE000145686                                        
("Bauba" or "the Company")                                                      
TRADING STATEMENT                                                               
In terms of paragraph 3.4(b) of the JSE Limited`s Listings Requirements, a      
listed company is required to publish a trading statement as soon as it is      
satisfied that a reasonable degree of certainty exists that the financial       
results for the period to be reported upon next will differ, by at least 20%,   
from the financial results for the corresponding period in the prior year.      
The Company is currently finalising its financial results for the half year     
ended 31 December 2010 and expects to announce these results on or about 31     
March 2011.                                                                     
Shareholders are advised that a reasonable degree of certainty exists that the  
company`s earnings per share ("EPS") will be between 44% and 54% higher than    
the loss of 19c per share reported for the half year ended 31 December 2009.    
Headline earnings per share ("HEPS") will be between 40% and 50% higher than    
the headline loss of 19c per share reported for the half year ended 31          
December 2009.                                                                  
The Company is in the process of finalising the accounting treatment of the     
acquisition and will make an announcement should there be any changes to the    
financials.                                                                     
The financial information on which this trading statement is based has not      
been reviewed or reported on by the company`s auditors.                         
Johannesburg                                                                    
30 March 2011                                                                   
Sponsor                                                                         
Arcay Moela Sponsors (Proprietary) Limited                                      
Date: 30/03/2011 17:49:36 Supplied by www.sharenet.co.za                     
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