CVN - Convergenet Holdings Limited - Trading Statement

CVN - Convergenet Holdings Limited - Trading Statement                          
CONVERGENET HOLDINGS LIMITED                                                    
Incorporated in the Republic of South Africa                                    
(Registration number 1998/015580/06)                                            
Share code: CVN     ISIN: ZAE000102067                                          
("ConvergeNet" or "the company")                                                
TRADING STATEMENT                                                               
In terms of paragraph 3.4(b) of the JSE Limited Listings Requirements, a        
listed company is required to publish a trading statement as soon as it is      
satisfied that a reasonable degree of certainty exists that the financial       
results for the period to be reported upon next will differ, by at least        
20%, from those of the previous corresponding period.                           
Shareholders are advised that the headline earnings per share and earnings      
per share for the six months ending 29 February 2012 is expected to be more     
than 20% lower compared to the previous six months ended 28 February 2011.      
A further trading statement will be released once a range has been              
determined.                                                                     
This trading statement has not been reviewed or reported on by the              
Company`s external auditors.                                                    
Johannesburg                                                                    
27 February 2012                                                                
Sponsors                                                                        
Arcay Moela Sponsors (Pty) Ltd                                                  
Date: 27/02/2012 14:00:01 Supplied by www.sharenet.co.za                     
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