RLO - Reunert Limited - Trading Statement

RLO - Reunert Limited - Trading Statement                                       
REUNERT LIMITED                                                                 
(Incorporated in the Republic of South Africa)                                  
Registration Number:  1913/004355/06                                            
ISIN:  ZAE000057428                                                             
JSE Code:  RLO                                                                  
("Reunert" or "the Company")                                                    
TRADING STATEMENT                                                               
Reunert is currently finalising its results for the six months ended 31 March   
2012, which should be released on SENS on or about 28 May 2012. Shareholders are
advised that, with a reasonable degree of certainty:                            
-    earnings per share will be between 32% and 38% lower;                  
    -    headline earnings per share will be between 12% and 18% higher; and    
    -    normalised headline earnings per share will be between 11% and 17%     
         higher                                                                 
than the corresponding reporting period of the previous year.               
The decrease in earnings per share is attributable to the abnormal gain of      
R346,4 million realised on the sale of Reunert`s investment in Nokia Siemens    
Networks South Africa in January 2011. This transaction was excluded from the   
calculation of headline and normalised headline earnings per share in the       
comparable period in the prior year.                                            
The forecast financial information on which the trading statement is based has  
not been reviewed and reported on by the Company`s external auditors.           
Sandton                                                                         
2 May 2012                                                                      
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 02/05/2012 13:01:31 Supplied by www.sharenet.co.za                     
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