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ISB - Insimbi Refractory and Alloy Supplies Limited - Trading Update

Release Date: 24/05/2011 15:53
Code(s): ISB
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ISB - Insimbi Refractory and Alloy Supplies Limited - Trading Update Insimbi Refractory and Alloy Supplies Limited Formerly Insimbi Alloy Supplies (Proprietary) Limited (Registration number 2002/029821/06) JSE share code:ISB ISIN Number:ZAE000116828 ("Insimbi" or "the company") Trading update In terms of the Listings Requirements of the 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. Accordingly, a review of the financial results by management has indicated that for the for the year ending 28 February 2011, attributable earnings per share ("EPS") are expected to be between 21% and 26% and headline earnings per share ("HEPS")between 4% and 6% higher when compared to the same reporting period in the previous year. The financial information on which this trading statement is based has not been reviewed by the Group`s auditors and the results for the year ending 28 February 2011 are expected to be released on or around 30 May 2011. 24 May 2011 Designated Advisor PricewaterhouseCoopers Corporate Finance (Proprietary) Limited (Registration number 1970/003711/07) Date: 24/05/2011 15:53:01 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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