SFH - SA French Limited - Trading Statement

SFH - SA French Limited - Trading Statement                                     
SA FRENCH LIMITED                                                               
Incorporated in the Republic of South Africa                                    
(Registration number:  1982/009174/06)                                          
Share code: SFH ISIN: ZAE000108890                                              
("SA French" or "the Company")                                                  
TRADING STATEMENT                                                               
In terms of paragraph 3.4(b) of the JSE 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 differ by more 
than 20% from those of the previous corresponding period.                       
SA French accordingly advises that it is expected that headline earnings per    
share for the six months ended 31 December 2011 will reflect a loss of between  
0.97 cents per share and earnings of 0.65 cents per share, compared to the      
headline loss of 8.12 cents per share for the previous corresponding period.    
Earnings per share for the six months ended 31 December 2011 are expected to    
reflect a loss of between 0.76 cents per share and earnings of 0.84 cents per   
share, compared to the loss of 8.0 cents per share for the previous             
corresponding period.                                                           
Improved profitability is mainly a consequence of increased product sale        
revenues in the period under review. Rental revenues have been relatively flat  
due to suboptimal utilisation rates. The restructuring process implemented over 
the previous 2 years is starting to yield operational cost efficiencies.        
The above information has not been reviewed or reported on by the Company`s     
external auditors.  It is anticipated that the results for the six months ended 
31 December 2011 are to be released on SENS on or about 15 March 2011.          
Johannesburg                                                                    
2 March 2012                                                                    
Designated Advisor:  PSG Capital (Proprietary) Limited                          
Corporate Advisor:  Afrasia Corporate Finance (Pty) Limited                     
Date: 02/03/2012 12:24:01 Supplied by www.sharenet.co.za                     
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