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CMO - Chrometco Limited - Trading statement Chrometco Limited (Incorporated in the Republic of South Africa) (Registration number 2002/026265/06) Share code: CMO ISIN: ZAE00007020249 ("Chrometco" or "the company") TRADING STATEMENT In terms of the Listings Requirements of the JSE Limited relating to Trading Statements, a listed company is required to publish a Trading Statement as soon as it becomes aware that the financial results for the next period to be reported on will differ by at least 20% or more from those of the previous corresponding period. Shareholders are advised that the company expects that, for the six months ended 31 August 2011: -loss per share ("LPS") will be between 5.00 cents and 5.50 cents compared to the prior period LPS of 2.03 cents -headline loss per share ("HLPS") will be between 5.00 cents and 5.50 cents compared to HLPS of 2.04 cents in the previous corresponding period. The increase in LPS and HLPS is due to the measurement of deferred taxation liabilities relating to the Rooderand proceeds (received to date under the mining and management agreement with DCM Chrome) at normal tax rates. Prior to the outcome of the general meeting of shareholders in May of this year, these deferred taxation liabilities were previously measured at capital gains tax rates. The financial information on which this trading statement is based has not been reviewed or reported upon by Chrometco`s auditors. The company`s results for the six month period ended 31 August 2011 are expected to be published on or about 29 November 2011. 25 November 2011 Designated Advisor Sasfin Capital (a division of Sasfin Bank Limited) Date: 25/11/2011 15:53:31 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.
