MAS - Masonite (Africa) Limited - Trading update

MAS - Masonite (Africa) Limited - Trading update                                
Masonite (Africa) Limited                                                       
(Incorporated in the Republic of South Africa)                                  
(Registration number 1942/015502/06)                                            
Share Code : MAS   ISIN : ZAE000004289                                          
("Masonite")                                                                    
TRADING UPDATE                                                                  
Shareholders are advised that Masonite`s profit from operations, excluding      
the adjustment in fair value of biological assets, for the period ended 30      
June 2011 is expected to be 30% to 40% higher than that of the comparative      
period in 2010.                                                                 
Earnings per share and headline earnings per share are expected to be 65%       
to 75% higher than that of the prior comparative period.  This increase was     
mainly attributable to an improved product mix, the success of a robust         
cost reduction programme and the positive impact of timber prices on the        
fair value of biological assets.                                                
The information in this trading update has not been reviewed or reported on     
by Masonite`s auditors.                                                         
The results are expected to be released towards the end of September 2011.      
Durban                                                                          
20 September 2011                                                               
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 20/09/2011 16:00:02 Supplied by www.sharenet.co.za                     
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