HWN - Howden - Voluntary announcement - Chairman`s Statement

HWN - Howden - Voluntary announcement - Chairman`s Statement                    
Howden Africa Holdings Limited                                                  
(Incorporated in the Republic of South Africa)                                  
(Registration number 1996/002982/06)                                            
Share code: HWN     ISIN: ZAE000010583                                          
("HAHL")                                                                        
Chairman`s Statement at the Annual General Meeting                              
After 5 months of the current financial year, it gives me pleasure to update    
shareholders regarding the present trading position of the Group.               
Order book levels are well ahead of the position reported at the end of December
2010. In particular, the demand for mining fans in mineral rich countries to the
north of South Africa has increased orders on hand in this sector.              
While the Environmental Control Division is still low in order intake, the      
enquiry levels have improved significantly. Resource and capacity in this area  
of the business will be increased as soon as these prospects convert to orders. 
Both the Power Division and Howden Fan Equipment Mining Division continue to    
trade strongly and maintain their pre-eminent market positions.                 
Johannesburg                                                                    
2 June 2011                                                                     
Sponsor                                                                         
PricewaterhouseCoopers Corporate Finance (Pty) Ltd                              
Date: 02/06/2011 12:00:05 Supplied by www.sharenet.co.za                     
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