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KIO - Kumba Iron Ore Limited - Trading Statement for the twelve months ended 31

Release Date: 16/01/2012 14:00
Code(s): KIO
Wrap Text

KIO - Kumba Iron Ore Limited - Trading Statement for the twelve months ended 31 December 2011 Kumba Iron Ore Limited A member of the Anglo American plc group (Incorporated in the Republic of South Africa) (Registration number 2005/015852/06) JSE Share code: KIO ISIN: ZAE000085346 ("Kumba" or "the Company") TRADING STATEMENT FOR THE TWELVE MONTHS ENDED 31 DECEMBER 2011 Kumba is currently finalising its results for the twelve months ended 31 December 2011 ("the period"), which will be released on SENS on 9 February 2012. Headline earnings and basic earnings for the period are likely to be between R16,500 million and R17,900 million, with headline earnings per share ("HEPS") and earnings per share ("EPS") to be between R51.40 and R55.80. Headline earnings and basic earnings reported for the financial results for the twelve months ended 31 December 2010 (as released on SENS on 10 February 2011) ("the comparative period") were R14,328 million and R14,323 million respectively while headline earnings per share ("HEPS") and earnings per share ("EPS") reported for the comparative period were R44.67 and R44.66 respectively. The increase in earnings is largely attributable to an increase in export iron ore prices in the period. The financial information on which this trading statement is based has not been reviewed and reported on by the Company`s external auditors. Pretoria 16 January 2012 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 16/01/2012 14:00:01 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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