IWE - Interwaste Holdings Limited - Trading Update

IWE - Interwaste Holdings Limited - Trading Update                              
Interwaste Holdings Limited                                                     
(Incorporated in the Republic of South Africa)                                  
(Registration number: 2006/037223/06)                                           
JSE code: IWE                                                                   
ISIN:ZAE000097903                                                               
("Interwaste" or "the company" or "the group")                                  
TRADING UPDATE                                                                  
Shareholders are advised that Interwaste is finalising its results for the six  
months ended 30 June 2011 and anticipates that the group will reflect basic     
earnings per share of between 0.24 and 0.30 cents, and headline earnings per    
share of between 0.32 and 0.40 cents, for the period.                           
Shareholders are referred to the 2010 annual report which provided details of   
the prior year adjustment that restated the results for the year ended 31       
December 2009. The report also detailed certain impairments applicable to the   
results for the year ended 31 December 2010.  A portion of those impairments    
related to the period 1 January 2010 to 30 June 2010 and consequently, the      
comparative figures (to 30 June 2010) in the impending report on the results for
the six months ended 30 June 2011, have been restated. The revised comparative  
results reflect a basic loss of 1.42 cents (previously a profit of 2.39 cents)  
per share, and a headline loss of 1.60 cents (previously a profit of 1.86 cents)
per share.                                                                      
The financial information contained in this trading update has not been reviewed
and/or reported on by the company`s auditors.                                   
The company`s unaudited results for the period ended 30 June 2011 will be       
released on SENS before 30 September 2011.                                      
Randburg                                                                        
19 August 2011                                                                  
Designated Adviser                                                              
Vunani Corporate Finance                                                        
Date: 19/08/2011 15:16:03 Supplied by www.sharenet.co.za                     
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