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WIL - Wilderness Holdings Limited - Trading Statement

Release Date: 20/05/2011 07:05
Code(s): WIL
Wrap Text

WIL - Wilderness Holdings Limited - Trading Statement Wilderness Holdings Limited (Registration number 2004/2986) (Registered as an external company in South Africa Registration number 2009/022894/10) ISIN: BW0000000868 Share code: WIL ("Wilderness" or "the Group") TRADING STATEMENT In terms of the Listings Requirements of the Botswana Stock Exchange, a listed company is required to publish a trading statement as soon as it is satisfied that a reasonable degree of certainty exists that its financial results (as measured by net profit after tax) for the next reporting period will differ by 10% or more from those of the previous corresponding reporting period. The Board of Wilderness hereby announces that the Group`s results for the year ended 28 February 2011 are likely to be significantly higher from those achieved in the comparative period. This is mainly due to the sale of capital assets during the period. At the same time, it is recorded that the Group`s operating results will be lower than those of the comparative period. Therefore shareholders and investors are advised to exercise caution when trading in the Company`s securities until the release of the Group results for the year ended 28 February 2011. The financial information on which this trading statement is based has not been reviewed and reported on by the Group`s auditors. The results are expected to be released on the Botswana Stock Exchange website and on SENS on or about 27th May 2011. Wilderness shall hold a results presentation at the Grand Palm Conference Centre, Molepolole Road, Gaborone, Botswana on 30th May 2011 at 12:00 and at the offices of Wilderness Safaris (Pty) Ltd, 373 Rivonia Boulevard, Rivonia, Johannesburg on 31 May 2011 at 15h00. All interested parties are invited to attend. Please RSVP to investor@wilderness.co.za before the 24th May 2011. Botswana 20 May 2011 Sponsoring broker Capital Securities (A member of the Botswana Stock Exchange) JSE sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) For further information, please contact: Julia Swanepoel Telephone: +27 11 2575054 Email: julias@wilderness.co.za Date: 20/05/2011 07:05:09 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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