Sharenet Sites 
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PKH - Protech Khuthele Holdings Limited - Trading Statement Protech Khuthele Holdings Limited Registration number 2000/024352/06 JSE code: PKH ISIN: ZAE000101986 ("Protech" or "the Company" or "the Group") TRADING STATEMENT In terms of the Listings Requirements of JSE Limited, companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the period to be reported on will be more than 20% different from that of the previous corresponding period. Shareholders accordingly are advised that headline earnings per share and earnings per share for the year ended 28 February 2011 are expected to decline by between 40 - 50% from the 20.2 cents per share and 20.9 cents per share reported respectively for the corresponding previous financial year ended 28 February 2010. As detailed in the February 2010 year-end results, as well as the half year results for 2011, the group proactively moved into the mining sector to compensate for the collapse of its traditional private sector and public sector infrastructure markets. To ensure a sustained workflow during what was expected to be continued tough markets, a strategic decision was taken to load up on work in the coal mining sector. This strategy secured increased work volume and a strong revenue stream for the Group albeit that this was at lower margins than those achieved by Protech prior to the dramatic decline of activity in the private construction sector and the deceleration in the public infrastructural spend. The operating margins achieved over the 2011 financial year were further affected by the following: * Continued excessive rainfall in the first quarter of the 2011 financial year; and * Continued increase in competition. Protech`s project pipeline and work-in-progress remain healthy, with the value of work executed over the period having increased by more than 40% compared to the corresponding previous period. The value of current contracts in progress and the work pipeline is currently in excess of R1 billion. As outlined at the half year, margins are likely to remain under pressure in the short term. The above information has not been reviewed or reported on by the company`s auditors. The Group`s audited annual results will be announced on or about 30 May 2011. Johannesburg 6 May 2011 Sponsor Deloitte & Touche Sponsor Services (Pty) Ltd Date: 06/05/2011 15:45:02 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.
