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Col - Colliers South Africa Holdings Limited - Trading statement

Release Date: 09/06/2011 16:00
Code(s): COL
Wrap Text

Col - Colliers South Africa Holdings Limited - Trading statement Colliers South Africa Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 1998/012245/06) Share code: Col ISIN: ZAE000099461 ("the Group" or "Colliers") TRADING STATEMENT Shareholders are advised that the Group`s headline earnings per share based on continuing operations for the year ended 28 February 2011 are expected to be 70% to 75% better than the headline loss per share achieved on continuing operations for the previous year. Earnings per share based on continuing operations are expected to be 100% to 105% higher than the earnings per share for the previous year. This is primarily due to fair value adjustments on investment property held, sales of inventory and reduced finance costs. The final announcement of the results for the year ended 28 February 2011 is expected to be released on or about 15 June 2011. Johannesburg 9 June 2011 Sponsor Arcay Moela Date: 09/06/2011 16:00:01 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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