CPN - Capricorn Investment Holdings Limited - Trading Statement

CPN - Capricorn Investment Holdings Limited - Trading Statement                 
CAPRICORN INVESTMENT HOLDINGS LIMITED                                           
(to be renamed Mine Restoration Investments Limited)                            
(Registration Number 1987/004821/06)                                            
("Capricorn" or "the Company")                                                  
Share code: CPN (to be MRI)   ISIN: ZAE000149951                                
TRADING STATEMENT                                                               
In terms of the JSE Listings Requirements, listed companies are required to     
publish a trading statement as soon as the board of directors is satisfied      
that a reasonable degree of certainty exists that the financial results for     
the next reporting period will vary by more than 20% from those of the          
previous corresponding reporting period or from a profit forecast or trading    
statement previously provided to the market in relation to such period.         
The board of directors of the Company has reasonable certainty that the         
earnings per share for the year ended 29 February 2012 will be between 150%     
and 170% lower and the headline earnings per share will be between 100% and     
120% lower than the per share results for the prior period ended 28 February    
2011.                                                                           
The Company is finalising its reviewed results for the year ended 29 February   
2012 and these are expected to be released shortly.                             
Shareholders are reminded that the Company is currently finalising its          
reverse-listing and will, with effect from 11 June 2012, move to the Altx and   
trade under its new name - Mine Restoration Investments Limited.                
The information detailed above has not been reviewed or reported on by the      
Company`s auditors.                                                             
Johannesburg                                                                    
4 June 2012                                                                     
Sponsor                                                                         
Arcay Moela Sponsors (Proprietary) Limited                                      
Corporate Advisors                                                              
AfrAsia Corporate Finance (Proprietary) Limited                                 
Date: 04/06/2012 17:35:01 Supplied by www.sharenet.co.za                     
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