Sharenet Sites 
Sharenet Sites
MML - Metmar Limited - Trading statement and dividend declaration for the year ended 29 February 2012 METMAR LIMITED Incorporated in the Republic of South Africa (Registration number 1998/007269/06) Share code: MML ISIN code: ZAE000078747 ("Metmar" or "the Company") TRADING STATEMENT AND DIVIDEND DECLARATION FOR THE YEAR ENDED 29 FEBRUARY 2012 TRADING STATEMENT In terms of the JSE Limited Listings Requirements, companies are required to publish a trading statement as soon as they are satisfied with a reasonable degree of certainty that the financial results of the period to be reported upon will differ by 20% or more from the financial results of the previous corresponding period. Shareholders are advised that the Company`s attributable earnings per share for the year ended 29 February 2012 are expected to increase by between 41% and 56% over those of the previous corresponding period. Headline earnings per share for the year ended 29 February 2012 are expected to increase by between 35% and 50% over those of the previous corresponding period. While tough trading conditions persisted throughout the year, increases in volumes and a weaker Rand to US Dollar exchange rate, especially in the second half of the financial year, contributed positively to the increase in attributable earnings and headline earnings per share. The financial information on which this trading statement is based has not been reported on by the Company`s auditors. Shareholders are advised that the results for the year ended 29 February 2012 will be published on or about 4 May 2012. DIVIDEND DECLARATION FOR THE YEAR ENDED 29 FEBRUARY 2012 Having taken into account, inter alia, the cash resources of the Company, the expected earnings of the Company set out in the trading statement above and changes in tax legislation, the directors are pleased to advise that the Company has declared a dividend of 16.5 cents per ordinary share for the 12 month period ended 29 February 2012, totaling R38 373 499. The dividend is in line with Metmar`s policy to pay at least half the attributable earnings earned as a dividend and is based on the mid-point of the expected attributable earnings per share range disclosed above. The important dates relating to the dividend are set out below: Last date to trade in order to participate in the dividend Friday, 15 June 2012 Metmar shares commence trading "ex" dividend Monday, 18 June 2012 Record date for the dividend Friday, 22 June 2012 Payment date for the dividend Monday, 25 June 2012 Metmar shares certificates may not be dematerialised or rematerialised between Monday, 18 June 2012 and Friday, 22 June 2012 both dates inclusive. 30 March 2012 Bryanston Sponsor One Capital Date: 30/03/2012 14:40:41 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.
