GRF - Group Five Limited - Further trading update

GRF - Group Five Limited - Further trading update                               
GROUP FIVE LIMITED                                                              
(Incorporated in the Republic of South Africa)                                  
(Registration number 1969/000032/06)                                            
Share code: GRF  ISIN: ZAE 000027405                                            
("Group Five" or "the Group" or "the Company")                                  
Further trading update                                                          
Shareholders are referred to the trading update released on SENS on 5 July      
2011 which stated that, for the year ended 30 June 2011, the Group expected:    
-    Fully diluted headline earnings per share ("FDHEPS") to be between 45%     
    and 55% lower (253 cents per share to 309 cents per share) compared to      
the 561 cents per share in F2010;                                           
-    Headline earnings per share ("HEPS") to be between 45% and 55% lower       
    (277 cents per share to 338 cents per share) compared to the 614 cents      
    per share in F2010;                                                         
-    Fully diluted earnings per share ("FDEPS") to be between 195% and 205%     
    lower (loss of 243 cents per share to loss of 269 cents per share)          
    compared to the 256 cents per share in F2010; and                           
-    Earnings per share ("EPS") to be between 190% and 200% lower (loss of      
252 cents per share to loss of 280 cents per share) compared to the EPS     
    of 280 cents per share in F2010.                                            
Group Five is now in a position to provide shareholders with further guidance   
in regard to the financial results for the year ended 30 June 2011 and          
expects:                                                                        
-    FDHEPS to be between 40% and 45% lower (309 cents per share to 337 cents   
    per share) compared to the 561 cents per share in F2010;                    
-    HEPS to be between 45% and 55% lower (276 cents per share to 338 cents     
per share) compared to the 614 cents per share in F2010;                    
-    FDEPS to be between 185% and 195% lower (loss of 218 cents per share to    
    loss of 243 cents per share) compared to the 256 cents per share in         
    F2010; and                                                                  
-    EPS to be between 180% and 185% lower (loss of 224 cents per share to      
    loss of 238 cents per share) compared to the EPS of 280 cents per share     
    in F2010.                                                                   
The Group`s audited results for the year ended 30 June 2011 will be released    
on SENS on 15 August 2011, when the Group will be updating the market on its    
business at a presentation in Johannesburg on the same day, and in Cape Town    
on 16 August 2011. The presentation will be available on the 15 August 2011     
on the Group`s website, www.groupfive.co.za                                     
Johannesburg                                                                    
08 August 2011                                                                  
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 08/08/2011 12:15:00 Supplied by www.sharenet.co.za                     
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