SNV - Santova Logistics Limited - Trading Statement

SNV - Santova Logistics Limited - Trading Statement                             
SANTOVA LOGISTICS LIMITED                                                       
(Registration Number 1998/018118/06)                                            
Share Code: SNV   ISIN:  ZAE000090650                                           
("Santova" or "the Company")                                                    
TRADING STATEMENT                                                               
In terms of the listings requirements of the JSE Limited ("JSE"), a company     
has to publish a trading statement if an increase or decrease of more than 20%  
(compared to the previous reporting period) in its basic earnings per share or  
headline earnings per share is expected.                                        
Shareholders of Santova are advised that Group earnings and Group headline      
earnings per share for the period ended 31 August 2011 will be approximately    
0,69 cents per share, a decrease of 4,1% and an increase of 64,1% respectively, 
to the last published 31 August 2010 results.                                   
The Group earnings from operations, excluding the IFRS3 negative goodwill       
arising from the purchase of Santova Logistics South Africa (Pty) Ltd (formerly 
Aviocean (Pty) Ltd) in the previous period, has increased significantly through 
new client revenue and improved efficiencies in its subsidiaries. The Group     
has shown enhanced performance despite the global trading conditions remaining  
uncertain.                                                                      
This trading statement and SENS announcement has not been reviewed or audited   
by the Company`s auditors, Deloitte & Touche.                                   
The Group Interim Results for the six months ended 31 August 2011 will be       
released on SENS on or about 02 November 2011.                                  
Durban                                                                          
25 October 2011                                                                 
Designated Advisor                                                              
River Group                                                                     
Date: 25/10/2011 08:20:01 Supplied by www.sharenet.co.za                     
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