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NEP - NEPI - Trading Statement

Release Date: 15/07/2011 16:00
Code(s): NEP
Wrap Text

NEP - NEPI - Trading Statement New Europe Property Investments plc (Incorporated and registered in the Isle of Man with registered number 001211V) (Registered as an external company with limited liability under the laws of South Africa, registration number 2009/000025/10) AIM share code: NEPI JSE share code: NEP BVB share code: NEP ISIN: IM00B23XCH02 ("NEPI") TRADING STATEMENT In terms of the Listing Requirements of the JSE Limited, property entities are required to publish a trading statement as soon as they are satisfied that a reasonable degree of certainty exists that the distribution for the period to be reported upon next will differ by at least 15% from the distribution for the previous corresponding period. Accordingly, shareholders are advised that NEPI anticipates that the dividend per share for the six months ended 30 June 2011 will be between 15% and 18% higher than for the six months ended 30 June 2010. The financial results on which this trading statement is based have not been reviewed or reported on by NEPI`s auditors. The interim financial results announcement will be published on or about 11 August 2011. 15 July 2011 For further information please contact Nominated Adviser and Broker: Smith & Williamson Corporate Finance Limited Azhic Basirov/Siobhan Sergeant +44 20 7131 4000 South African Sponsor: Java Capital +27 11 283 0042
Romanian Advisor Intercapital Invest SA +40 21 222 8731 Razvan Pasol Date: 15/07/2011 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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