RBA - RBA Holdings Limited - Trading Update

RBA - RBA Holdings Limited - Trading Update                                     
RBA HOLDINGS LIMITED                                                            
(Incorporated in the Republic of South Africa)                                  
(Registration number 1999/009701/06)                                            
(JSE code: RBA  ISIN: ZAE000104154)                                             
("RBA" or "the company")                                                        
TRADING UPDATE                                                                  
In terms of section 3.4(b) of the Listings Requirements of the JSE Limited      
("JSE"), companies are required to publish a trading statement as soon as       
they are satisfied that a reasonable degree of certainty exists that the        
financial results for the period will differ by at least 20% from the           
financial results for the previous corresponding period.                        
Shareholders are advised that the company is in the process of finalising       
its financial results for the year ended 31 December 2011 and advises of the    
following:                                                                      
*    earnings are expected to be between 0.70 and 1.20 cents per share          
    compared to a loss of 4.33 cents per share for the comparable period;       
*    normalised earnings are expected to be between 1.50 and 2.00 cents per     
    share compared to a loss of 4.17 cents per share for the comparable         
period; and                                                                 
*    headline earnings are expected to be between 1.70 and 2.20 cents per       
    share compared to a loss of 4.94 cents per share for the comparable         
    period.                                                                     
Normalised earnings and headline earnings per share have been adjusted by a     
loss incurred on the sale of non- core assets.                                  
The financial information on which this trading statement is based has not      
been reviewed or reported on by the company`s auditors. The results for the     
year ended 31 December 2011 are expected to be released before the end of       
March 2012.                                                                     
9 March 2012                                                                    
Johannesburg                                                                    
Designated Advisor                                                              
Exchange Sponsors                                                               
Date: 09/03/2012 08:29:01 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.                  
The SENS service is an information dissemination service administered by the    
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or            
implicitly, represent, warrant or in any way guarantee the truth, accuracy or   
completeness of the information published on SENS. The JSE, their officers,     
employees and agents accept no liability for (or in respect of) any direct,     
indirect, incidental or consequential loss or damage of any kind or nature,     
howsoever arising, from the use of SENS or the use of, or reliance on,          
information disseminated through SENS.