CNL - Control Instruments Group Limited - Trading statement

CNL - Control Instruments Group Limited - Trading statement                     
CONTROL INSTRUMENTS GROUP LIMITED                                               
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1964/003987/06)                                           
Share Code: CNL                                                                 
ISIN: ZAE000001665                                                              
("the Company" or "the Group")                                                  
TRADING STATEMENT                                                               
In terms of the JSE Limited Listings Requirements, companies are                
required to publish a trading statement as soon as it is reasonably             
certain that their financial results for the current reporting period           
will differ from the previous corresponding period by more than 20%.            
For the six months ended 30 June 2011 the loss per share is expected to         
be between 4.9 cents and 5.7 cents and the headline loss per share is           
expected to be between 4.3 cents and 5.1 cents.                                 
The Group reported earnings per share of 1.61 cents and headline                
earnings per share of 1.73 cents for the year ended 31 December 2010            
and a loss of 1.26 cents per share and a headline loss of 1.20 cents            
per share for the six months ended 30 June 2010.                                
Significantly tougher than expected trading conditions were experienced         
in the second quarter, particularly in the OEM sector, and this                 
negatively affected the Group`s results for the period.                         
The financial information on which this trading statement is based has          
not been reviewed or reported on by the Company`s auditors. The results         
of the Company for the six months ended 30 June 2011 will be released           
on SENS on or about 15 August 2011.                                             
Cape Town                                                                       
3 August 2011                                                                   
Sponsor                                                                         
Investec Bank Limited                                                           
Date: 03/08/2011 15:26:02 Supplied by www.sharenet.co.za                     
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