BIO - BioScience Brands Limited - Trading Statement

BIO - BioScience Brands Limited - Trading Statement                             
BioScience Brands Limited                                                       
Registration number 2005/005805/07                                              
Incorporated in the Republic of South Africa                                    
Share code: BIO                                                                 
ISIN code: ZAE000115036                                                         
TRADING STATEMENT                                                               
In terms of the Listings Requirements of the JSE Limited ("the JSE"), listed    
companies are required to publish a trading statement as soon as they become    
reasonably certain that the financial results for the next period to be reported
on will be more than 20% different from those of the previous corresponding     
period or from a profit forecast previously provided to the market in relation  
to such period.                                                                 
We expect the loss per share and headline loss per share for the six months     
ended 31 December 2011 to be more than 20% better, namely between 0.01 cents and
0.09 cents, when compared to the loss per share of 0.39 cents and headline loss 
per share of 0.14 cents as reported for the six months ended 31 December 2010.  
In addition initiatives to settle the few remaining legacy issues, remaining    
from pre-2008 when the company was known as Wellco Health Limited ("Wellco") are
finally being resolved. A favourable arrangement with Wellco`s bankers has been 
reached resulting in R3m reduction in the amount owed.                          
The financial information on which this trading statement is based has not been 
reviewed or reported on by the Group`s external auditors. The publication of the
results is expected on or about 28 February 2012.                               
Johannesburg                                                                    
7 February 2012                                                                 
Designated Advisor                                                              
PricewaterhouseCoopers Corporate Finance (Pty) Ltd                              
Date: 07/02/2012 15:59:11 Supplied by www.sharenet.co.za                     
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