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BLU - Blue Label Telecoms Limited - Trading update for the 6 months ended 30

Release Date: 22/12/2011 13:00
Code(s): BLU
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BLU - Blue Label Telecoms Limited - Trading update for the 6 months ended 30 November 2011 Blue Label Telecoms Limited (Incorporated in the Republic of South Africa) (Registration number 2006/022679/06) Share code: BLU ISIN: ZAE000109088 ("Blue Label" or "the company") Trading update for the 6 months ended 30 November 2011 As a result of a non-recurring receipt pertaining to an extraneous transaction, the details of which are confidential, Blue Label expects core earnings per share (`core EPS`), headline earnings per share (`HEPS`) and basic earnings per share (`basic EPS`) for the 6 months ended 30 November 2011, to be more than 20% higher than the comparative period`s core EPS of 27.27 cents, HEPS of 25.45 cents and basic EPS of 25.45 cents. More specific information will be provided to shareholders as soon as there is reasonable certainty as to the range by which core EPS, HEPS and basic EPS are expected to increase. The financial information on which this trading update is based has not been reviewed or reported on by Blue Label`s auditors. The interim results for the 6 months ended 30 November 2011 are expected to be released on or about Wednesday, 22 February 2012. Sandton 22 December 2011 Sponsor: Investec Bank Limited Date: 22/12/2011 13:00:01 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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