IDE- Ideco Group Limited - Trading update for the six months ended

IDE- Ideco Group Limited - Trading update for the six months ended              
29 February 2012                                                                
Ideco Group Limited                                                             
Incorporated in the Republic of South Africa                                    
Registration number 2001/023463/06                                              
Share code: IDE                                                                 
ISIN code: ZAE000107579                                                         
("Ideco " or the "Company")                                                     
TRADING UPDATE FOR THE SIX MONTHS ENDED 29 FEBRUARY 2012                        
In terms of the JSE Limited Listings Requirements, companies are required to    
publish a trading statement as soon as they become reasonably certain that the  
financial results for the period to be reported on will differ by more than 20% 
from that of the previous corresponding period.                                 
Shareholders are advised that the earnings per share will be approximately 2,74 
cents per share for the six months ended 29 February 2012 compared to loss per  
share of 0,54 cents per share for the six months ended 28 February 2011.        
Similarly, the headline earnings per share is expected to be approximately 0,68 
cents per share for the six months ended 29 February 2012 compared to the       
headline loss of 0,54 cents per share for the six months ended 28 February 2011.
The financial information on which this trading statement is based has not been 
reviewed and reported upon by the company`s auditors.  The company`s results for
the six months period ended 29 February 2012 are expected to be published on or 
about 30 May 2012.                                                              
Bryanston                                                                       
18 May 2012                                                                     
Designated Advisor                                                              
Sasfin Capital                                                                  
(a division of Sasfin Bank Limited)                                             
Date: 18/05/2012 15:36:03 Supplied by www.sharenet.co.za                     
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