CVI - Capevin Investments Limited - Trading statement

CVI - Capevin Investments Limited - Trading statement                           
Capevin Investments Limited                                                     
Registration number: 1979/007263/06                                             
JSE share code: CVI                                                             
ISIN code: ZAE000136446                                                         
("Capevin" or "the company")                                                    
TRADING STATEMENT                                                               
Capevin`s only significant assets is an effective interest of 29,02% in Distell 
Group Ltd ("Distell").                                                          
Capevin is currently finalising its results for the six-months ended 31 December
2011, which should be released on or about 28 February 2012.                    
Based on Distell`s trading statement issued yesterday, shareholders are hereby  
advised that Capevin`s earnings per share and headline earnings per share are   
likely to be between 20% and 25% higher than that of the corresponding reporting
period last year.                                                               
This is largely attributable to an improvement in Distell`s operating profit,   
mainly as a result of increased sales volumes and the favourable impact of a    
weaker rand against all major currencies.                                       
The forecast financial information on which this trading statement is based, has
not been reviewed or reported on by the company`s auditor.                      
Stellenbosch                                                                    
24 January 2012                                                                 
Sponsor                                                                         
PSG Capital                                                                     
Date: 24/01/2012 15:07:01 Supplied by www.sharenet.co.za                     
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