LAB - Labat Africa Limited - Trading statement for the year ended 28 February

LAB - Labat Africa Limited - Trading statement for the year ended 28 February   
2011                                                                            
LABAT AFRICA LIMITED                                                            
Incorporated in the Republic of South Africa                                    
(Registration number 1986/001616/06)                                            
JSE code: LAB ISIN: ZAE000018354                                                
("Labat" or "the company")                                                      
TRADING STATEMENT FOR THE YEAR ENDED 28 FEBRUARY 2011                           
In terms of paragraph 3.4(b)(i) of the Listings Requirements of the JSE         
Limited, listed companies are required to publish a trading statement as soon   
as they become reasonably certain that the financial results for the next       
period to be reported on will be more than 20% different from those of the      
previous corresponding period or from a profit forecast previously provided     
to the market in relation to such period.                                       
Accordingly, and as previously mentioned in the announcement published on       
SENS on 27 January 2011, due to the recent positive developments relating to    
the reversal of the SAMES disposal as well as the pleasing development of the   
ICDC business, shareholders are advised that the Company expects that the       
earnings per share and headline earnings per share for the 12 months ending     
28 February 2011 will at least 20% higher, although a range has yet to be       
identified, than the results for the 12 months ended 28 February 2010. A        
further trading statement will be issued in due course.                         
This trading statement has not been reviewed by the company`s auditors.         
Houghton                                                                        
30 May 2011                                                                     
Sponsor                                                                         
Arcay Moela Sponsors (Proprietary) Limited                                      
Date: 30/05/2011 15:35:01 Supplied by www.sharenet.co.za                     
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