CPN - Capricorn Investment Holdings Limited - Trading statement

CPN - Capricorn Investment Holdings Limited - Trading statement                 
CAPRICORN INVESTMENT HOLDINGS LIMITED                                           
(formerly Cenmag Holdings Limited)                                              
(Registration Number 1987/004821/06)                                            
("Capricorn" or "the Company")                                                  
Share code: CPN     ISIN: ZAE000149951                                          
TRADING STATEMENT                                                               
In terms of the JSE Listings Requirements, listed companies are required to     
publish a trading statement as soon as the board of directors is satisfied      
that a reasonable degree of certainty exists that the financial results for     
the next reporting period will vary by more than 20% from those of the          
previous corresponding reporting period or from a profit forecast               
previously provided to the market in relation to such period.                   
Accordingly, both the earnings per share and headline earnings per share        
relating to the unaudited results of the Company for the six-month period       
ended 31 August 2011 are expected to be between 100% and 110% lower than        
the earnings per share and headline earnings per share relating to the          
unaudited results of the Group (prior to the disposal of the operating          
subsidiaries) as reported for the six-month period ended 31 August 2010,        
resulting in a small loss per share and headline loss per share.                
Shareholders are reminded that the Company is currently a cash shell            
pending the reverse-listing of new assets, as announced on SENS on 15           
December 2011. Accordingly, the results for the six-month period ended 31       
August 2011 not comparable to those published for the prior six-month           
period ended 31 August 2010.                                                    
The information detailed above has not been reviewed or reported on by the      
Company`s auditors.                                                             
Johannesburg                                                                    
29 December 2011                                                                
Sponsor                                                                         
Arcay Moela Sponsors (Proprietary) Limited                                      
(Registration number 2006/033725/07)                                            
Date: 29/12/2011 12:30:01 Supplied by www.sharenet.co.za                     
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