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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, a review by management of the financial results for the year ended 28 February 2011 has indicated that Basic earnings per share are expected to increase by between 130% and 140%, and the headline earnings per share is expected to increase by between 140% to 160%, from the previous corresponding period. This trading statement has been reviewed by the company`s auditors. Houghton 01 June 2011 Sponsor Arcay Moela Sponsors (Proprietary) Limited Date: 01/06/2011 11:58:01 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.
