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AVI - AVI Limited - Updated trading statement for the six months ended 31

Release Date: 31/01/2012 10:41
Code(s): AVI
Wrap Text

AVI - AVI Limited - Updated trading statement for the six months ended 31 December 2011 AVI Limited (Registration number 1944/017201/06) Share code: AVI ISIN: ZAE000049433 ("AVI" or "the Group") UPDATED TRADING STATEMENT FOR THE SIX MONTHS ENDED 31 DECEMBER 2011 Subsequent to the release of its trading update on 13 December 2011 AVI has finalised its results for the six months ended 31 December 2011 and the final earnings for this period are set out in the table below in accordance with Section 3.4 (b) of the Listings Requirements of the JSE Limited: Consolidated earnings per share for six months ended 31 December 2011 2010 (cents) (cents) % increase
Headline earnings per share for continuing 194,4 147,8 31,5 operations Earnings per share for continuing 195,1 143,5 36,0 operations Headline earnings per share for total 194,4 149,5 30,0 operations Earnings per share for total operations 200,8 145,3 38,2 Earnings per share have been calculated on a weighted average of 296 405 261 shares in issue (2010: 302 013 133). Comparative numbers for continuing operations for the six months ended 31 December 2010 have been restated to exclude Denny`s results in line with the disclosure adopted for the year ended 30 June 2011 and subsequent disposal of Denny with effect from 1 July 2011. It is expected that AVI will release its interim results for the six months ended 31 December 2011 on or about 12 March 2012. The information above has not been reviewed or reported on by the Group`s auditors. Illovo 31 January 2012 Sponsor The Standard Bank of South Africa Limited Enquiries +(27) 11 502 1300 Date: 31/01/2012 10:41:58 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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