CRG - Cargo Carriers Limited - Trading statement

CRG - Cargo Carriers Limited - Trading statement                                
CARGO CARRIERS LIMITED                                                          
(Registration Number 1959/003254/06)                                            
Share code: CRG                                                                 
ISIN: ZAE000001764                                                              
("CRG" or "the group")                                                          
TRADING STATEMENT                                                               
In terms of the Listings Requirements of the Johannesburg Stock Exchange, a     
company is required to advise shareholders when it is reasonably certain that   
its results will differ by more than 20% over the corresponding reporting       
period. Accordingly a review by management indicates that earnings and headline 
earnings per share for the half-year ended 31 August 2011 are respectively      
expected to be between 25-30% and 30-35% lower than the prior comparative       
period.                                                                         
Shareholders are advised that the financial information on which this trading   
statement is based has not been reviewed or reported on by the Group`s external 
auditors. Full details will be provided in the results announcement expected to 
be published on or around 21st November 2011.                                   
Johannesburg                                                                    
17 November 2011                                                                
Sponsors                                                                        
Arcay Moela Sponsors (Pty) Ltd                                                  
Date: 17/11/2011 17:38:01 Supplied by www.sharenet.co.za                     
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