PSV - PSV Holdings Limited - Trading Statement

PSV - PSV Holdings Limited - Trading Statement                                  
PSV Holdings Limited                                                            
Incorporated in the Republic of South Africa                                    
(Registration number 1998/004365/06)                                            
Share code: PSV   ISIN: ZAE000078705                                            
("PSV")                                                                         
TRADING STATEMENT                                                               
In terms of the Listings Requirements of JSE Limited, 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.                                 
Accordingly, a review of the financial results for the year ended 29 February   
2012 by management has indicated that the loss per share is expected to be      
between 11.2 cents and 11.8 cents and the headline loss per share is expected to
be between 10.3 cents and 12.6 cents compared to the previous corresponding     
period. This is calculated using continuing operations based on the assumption  
that the disposal of the Pump Business, as previously announced on SENS, will be
approved by shareholders at the general meeting to be held on 31 May 2012.      
The financial information on which this trading statement is based has not been 
reviewed or reported on by PSV`s auditors. PSV`s year-end financial results are 
expected to be released on SENS on or about 31 May 2012.                        
Johannesburg                                                                    
23 May 2012                                                                     
Designated Adviser                                                              
Merchantec Capital                                                              
Date: 23/05/2012 16:45:48 Supplied by www.sharenet.co.za                     
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