ELI - Ellies Holdings Limited - Trading Statement

ELI - Ellies Holdings Limited - Trading Statement                               
Ellies Holdings Limited                                                         
(Incorporated in the Republic of South Africa)                                  
(Registration number: 2007/007084/06)                                           
JSE code: ELI ISIN:ZAE000103081                                                 
("Ellies" or the "company")                                                     
TRADING STATEMENT                                                               
In terms of the Listings Requirements of the JSE Limited, companies are required
to publish a trading statement as soon as they are satisfied that a reasonable  
degree of certainty exists that the financial results for the period to be      
reported upon next will differ by at least 20% from the previous corresponding  
period.                                                                         
Shareholders are advised that the company expects headline earnings per share   
("HEPS") for the year ended 30 April 2011 to be between 18% and 23% higher than 
HEPS for the year ended 30 April 2010 and earnings per share ("EPS") for the    
year ended 30 April 2011 to be between 17% and 22% higher than EPS for the year 
ended 30 April 2010.                                                            
This expected increase in HEPS and EPS would follow from an expected increase in
net profits after tax of between 29% and 35%, the impact of which is diluted by 
the April 2010 rights issue.                                                    
The group`s audited financial results for the year ended 30 April 2011 are      
expected to be released on SENS on about the 20 July 2011.                      
The information on which this trading statement has been based has not yet been 
reviewed or reported on by the company`s auditors.                              
29 June 2011                                                                    
Sponsor                                                                         
Java Capital                                                                    
Date: 29/06/2011 14:29:02 Supplied by www.sharenet.co.za                     
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