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CSB - Cashbuild Limited - Trading Update

Release Date: 14/09/2011 17:35
Code(s): CSB
Wrap Text

CSB - Cashbuild Limited - Trading Update CASHBUILD LIMITED (Registration number: 1986/001503/06) (Incorporated in the Republic of South Africa) JSE share code: CSB & ISIN: ZAE000028320 ("Cashbuild" or "the company") TRADING UPDATE Cashbuild expects to announce headline earnings and earnings per share for the second half of the year to be between 5% and 10% higher than that of the same period of the prior year. For the full year ended 30 June 2011, normalised headline earnings per share and normalised earnings per share are expected to be 25% to 30% higher than that of the prior year. However, when including the once-off effects of the previously reported BEE repurchase of shares concluded in December 2010 and subsequent distribution to Trust beneficiaries, statutory headline earnings per share and earnings per share for the full year ended 30 June 2011 are expected to be 5% to 10% lower than that of the prior year. The above information has not been reviewed or reported on by the company`s auditors and the company`s results for the year ended 30 June 2011 are expected to be published on or about 20 September 2011. Johannesburg 14 September 2011 Sponsor Nedbank Capital Date: 14/09/2011 17:35:02 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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