SBV/SVN - Sabvest Limited - Trading Statement

SBV/SVN - Sabvest Limited - Trading Statement                                   
SABVEST LIMITED                                                                 
(Incorporated in the Republic of South Africa)                                  
Registration number 1987/003753/06                                              
ISIN: ZAE000006417 - ordinary shares                                            
ISIN: ZAE000012043 - "N" ordinary shares                                        
Share code: SBV - ordinary shares                                               
Share code: SVN - "N" ordinary shares                                           
("Sabvest")                                                                     
TRADING STATEMENT                                                               
Shareholders are advised that the results for the year ended 31 December 2011   
are expected to be as follows:                                                  
                  % Growth      2011                  2010                      
Intrinsic Net      + 25 - 28%    1540 -1580 cents      1230 cents               
Asset Value per                                                                 
share                                                                           
Dividends per      +41%          24 cents              17 cents                 
share                                                                           
Headline Earnings  +14 - 18%     174 - 180 cents       153 cents                
per share                                                                       
Earnings per share +12 - 16%     173 - 179 cents       154 cents                
The figures contained in this trading statement have not been reviewed and      
reported on by Sabvest`s auditors. Audited results are expected to be released  
on SENS on or about 1 March 2012.                                               
Sandton                                                                         
31 January 2012                                                                 
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 31/01/2012 15:59:01 Supplied by www.sharenet.co.za                     
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