CMP - Cipla Medpro South Africa Limited - Confirmation of trading statement

CMP - Cipla Medpro South Africa Limited - Confirmation of trading statement     
released on 23 February 2012                                                    
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")                                               
CONFIRMATION OF TRADING STATEMENT RELEASED ON 23 FEBRUARY 2012                  
The Company released a trading statement on SENS yesterday ("the trading        
statement") stating that it 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. The Company also reported in the trading statement        
that it expects that the increase in normalised EPS and HEPS will be less       
than 20% (lower than 20%) when compared to the results for the 12 months        
ended 31 December 2010.                                                         
Unfortunately the Business Day has incorrectly reported on the trading          
statement. They have inaccurately reported that Cipla Medpro`s normalised       
HEPS is expected to fall by more than 20%. This is grossly inaccurate and       
shareholders are urged to only rely on the accurate information released on     
SENS by the Company.                                                            
The matter has been taken up with the Business Day, The Press Ombudsman and     
our legal advisors and we have notified the JSE accordingly.                    
24 February 2012                                                                
Durban                                                                          
Investment Bank and Sponsor                                                     
Nedbank Capital                                                                 
Date: 24/02/2012 13:06:01 Supplied by www.sharenet.co.za                     
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