GDN - Gooderson - Revised Trading Update

GDN - Gooderson - Revised Trading Update                                        
Gooderson Leisure Corporation Limited                                           
(Incorporated in the Republic of South Africa)                                  
(Registration number 1972/004241/06)                                            
JSE Share code: GDN   ISIN: ZAE000084984                                        
("Gooderson" or the "Company")                                                  
REVISED TRADING UPDATE                                                          
In terms of paragraph 3.4 (b) of the JSE Limited ("JSE") 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 the previous corresponding period.            
Accordingly, a review of the financial results for the year ending 29 February  
2012 by management has indicated that the earnings per share is expected to     
increase by more than 20% when compared to those reported for the previous      
corresponding period.                                                           
Shareholders are referred to the announcement released on SENS on 3 April 2012  
and are advised that Gooderson is currently finalizing its results for the year 
ended 29 February 2012 and advises that the earnings and headline earnings per  
share for the period are expected to increase by between 52% and 62% compared to
the previous corresponding period.                                              
The increase in profits results from inter alia, the increase in government and 
corporate spend in the conference divisions of Gooderson Hotels and increase in 
timeshare sales.                                                                
The financial information on which this trading statement is based has not been 
reviewed by Gooderson`s auditors.                                               
The results for the period ended 29 February 2012 are expected to be published  
on SENS tomorrow.                                                               
23 May 2012                                                                     
Durban                                                                          
Designated adviser                                                              
Exchange Sponsors                                                               
Date: 23/05/2012 14:11:01 Supplied by www.sharenet.co.za                     
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