BEL - Bell Equipment Limited - Trading statement

BEL - Bell Equipment Limited - Trading statement                                
BELL EQUIPMENT LIMITED                                                          
(Incorporated in the Republic of South Africa)                                  
Registration number 1968/013656/06                                              
ISIN:  ZAE000028304                                                             
Share Code:  BEL                                                                
("the group" or "the Company")                                                  
TRADING STATEMENT                                                               
The Company`s results for the year to December 2011 are expected to show an     
improvement of at least 20% from those reported for the year to December        
2010 - due to an improvement in trading conditions and particularly in          
demand from the mining sector. The group is therefore required in terms of      
the JSE Limited ("JSE") Listings Requirements to issue a trading statement.     
However, in view of the volatility in exchange rates and the uncertainty as     
to timing of finalisation, and hence delivery, of certain orders ahead of       
year end, the Company cannot with reasonable certainty quantify the extent      
of its results for the year to 31 December 2011 within the 20% range            
required by the JSE Listings Requirements.                                      
It is expected that a further trading statement for the year to December        
2011 will be issued at a later stage, which should be in March 2012. The        
forecast financial information on which this trading statement is based has     
not been reviewed and reported on by the Company`s external auditors.           
Richards Bay                                                                    
23 December 2011                                                                
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Limited)                            
Date: 23/12/2011 10:00:01 Supplied by www.sharenet.co.za                     
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