CMP - Cipla Medpro South Africa Limited - Trading statement and clarification of

CMP - Cipla Medpro South Africa Limited - Trading statement and clarification of
results                                                                         
CIPLA MEDPRO SOUTH AFRICA LIMITED                                               
(Incorporated in the Republic of South Africa)                                  
(Registration number 2002/018027/06)                                            
(ISIN Number: ZAE000128179   Share Code: CMP)                                   
("Cipla Medpro" or "the Company")                                               
TRADING STATEMENT AND CLARIFICATION OF RESULTS                                  
In terms of the JSE Limited Listings Requirements, companies are required to    
publish a trading statement as soon as they are reasonably certain that the     
financial results for the current reporting period will be more than 20%        
different from those of the previous corresponding period.                      
Shareholders are advised that the Company expects earnings per share ("EPS") and
headline earnings per share ("HEPS") for the 12 months ended 31 December 2011 to
be between 77% and 85% higher than the EPS and HEPS for the prior corresponding 
period.                                                                         
As referred to in our previous trading update released on SENS on 11 August     
2011, the statement of comprehensive income includes the settlement income from 
Pfizer Ltd and Pfizer Laboratories (Pty) Ltd. In addition, due to IFRS          
requirements, a significant unrealised gain relating to the mark to market of   
forward exchange contracts has been accounted for in the EPS and HEPS. As a     
result of these adjustments the increase in normalised EPS and HEPS will be less
than 20% when compared to the results for the 12 months ended 31 December 2010. 
The information in this trading statement has not been reviewed or reported on  
by Cipla Medpro`s auditors. The Company`s results for the 12 months ended 31    
December 2011 are expected to be published on or about 15 March 2012.           
23 February 2012                                                                
Durban                                                                          
Investment Bank and Sponsor                                                     
Nedbank Capital                                                                 
Date: 23/02/2012 16:30:26 Supplied by www.sharenet.co.za                     
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