MTL - Mercantile Bank Holdings Limited - Trading statement

MTL - Mercantile Bank Holdings Limited - Trading statement                      
Mercantile Bank Holdings Limited                                                
(Incorporated in the Republic of South Africa)                                  
(Registration number 1989/000164/06)                                            
Share code: MTL      ISIN: ZAE000064721                                         
("Mercantile" or "the Company")                                                 
TRADING STATEMENT                                                               
This trading statement is issued in compliance with paragraph 3.4(b) of         
the Listings Requirements of the JSE Limited.                                   
Mercantile`s earnings and headline earnings per share for the year ended        
31 December 2011 are expected to increase by 15% to 25% compared to the         
earnings and headline earnings per share reported for the year ended 31         
December 2010 mainly as a result of positive fair value adjustments from        
equity investments in the structured loan portfolio.                            
The financial information on which this trading statement is based has          
not been reviewed or reported on by the Company`s auditors.                     
The results for the year ended 31 December 2011 are expected to be              
published towards the end of February 2012.                                     
Johannesburg                                                                    
17 January 2012                                                                 
Sponsor: Bridge Capital Advisors (Pty) Limited                                  
Date: 17/01/2012 14:31:27 Supplied by www.sharenet.co.za                     
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