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IPL - Imperial - Trading Statement

Release Date: 10/06/2011 14:59
Code(s): IPL
Wrap Text

IPL - Imperial - Trading Statement Imperial Holdings Limited Registration number: 1946/021048/06 JSE share code: IPL ISIN: ZAE000067211 ("Imperial" or "the group") TRADING STATEMENT This trading statement is published in compliance with Rule 3.4(b) of the JSE Listings Requirements. Imperial is pleased to provide guidance regarding the range of the expected increase in headline earnings per share ("HEPS") and earnings per share ("EPS") for the year ending 30 June 2011: TOTAL Year ended 30 June 2010 Year ending 30 June 2011 (increase) HEPS 992 cents* 30% to 40% EPS 1 047 cents** 23% to 33% *including 16 cents earnings from discontinued operations **including 32 cents earnings from discontinued operations Operating profit is expected to be higher than the R3 288 million in the comparative period in 2010 by a similar range to the expected increase in HEPS. The group will not, as was done for the year ended 30 June 2010, report separately on Discontinued Operations for the current financial year end, since this number has become insignificant in relation to overall group results. The financial information, on which this trading statement is based, has not been reviewed or reported on by Imperial`s auditors. This update is based on available information at the time of publication. Imperial`s year end results are expected to be released on SENS on or about 24 August 2011. RA Venter Company Secretary Bedfordview 10 June 2011 Sponsor to Imperial MERRILL LYNCH SOUTH AFRICA (PTY) LIMITED Date: 10/06/2011 14:59:11 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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