BRT/BRN - Brimstone Investment Corporation Limited - Trading Statement

BRT/BRN - Brimstone Investment Corporation Limited - Trading Statement          
Brimstone Investment Corporation Limited                                        
(Registration number 1995/010442/06)                                            
(Incorporated in the Republic of South Africa)                                  
ISIN Number:   ZAE000015277   Share Code: BRT                                   
ISIN Number:   ZAE000015285   Share Code: BRN                                   
("Brimstone" or "The Company")                                                  
TRADING STATEMENT                                                               
In terms of paragraph 3.4 (b) of the JSE Limited Listings Requirements,         
companies are required to publish a trading statement as soon as they are       
reasonably certain that the financial results for the current reporting period  
differ by at least 20% from the prior comparative period.                       
The Company`s financial results for the six months ended 30 June 2010 were      
positively impacted by the effects of the partial realisation and the subsequent
unbundling of a portion of Brimstone`s shareholding in Life Healthcare Group    
Holdings Limited.                                                               
As the impact of these events was a once-off occurrence, the board of directors 
of Brimstone is satisfied that a reasonable degree of certainty exists that     
headline earnings per share ("HEPS") and earnings per share ("EPS") for the six 
month period ended 30 June 2011 will be at least 20% lower than the HEPS of     
149.0 cents per share and the EPS of 146.3 cents per share respectively reported
for the prior comparative period to 30 June 2010.                               
Further guidance will be provided as soon as there is a reasonable degree of    
certainty in terms of the extent of the decrease.                               
Shareholders are advised that the financial information on which this trading   
statement is based has not been reviewed or reported on by the Company`s        
auditors.  Brimstone`s results for the six months ended 30 June 2011 will be    
released on SENS on or about Tuesday, 23 August 2011.                           
Cape Town                                                                       
12 July 2011                                                                    
Investment bank and sponsor                                                     
Nedbank Capital                                                                 
Date: 12/07/2011 16:17:00 Supplied by www.sharenet.co.za                     
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