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BLUE LABEL TELECOMS LIMITED - Trading update

Release Date: 19/07/2012 08:00
Code(s): BLU
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Blue Label Telecoms Limited
(Incorporated in the Republic of South Africa)
(Registration number 2006/022679/06)
Share code: BLU ISIN: ZAE000109088
(Blue Label or the company)

Trading update for the year ended 31 May 2012


As a result of a non'recurring receipt during the first half of the financial year, Blue Label expects headline earnings per share (HEPS) for the year ended 31 May 2012 to exceed the HEPS of 46.20 cents for the comparative year by more than 20%. The non recurring receipt pertained to an extraneous transaction, the details of which remain confidential.
Basic earnings per share and core earnings per share will not exceed the comparative year by 20%. More specific information will be provided to shareholders as soon as there is reasonable certainty as to the range by which HEPS is expected to increase.
The financial information on which this trading update is based has not been reviewed or reported on by Blue Labels auditors.
The results for the year ended 31 May 2012 are expected to be released on or about Tuesday, 21 August 2012. Sandton 19 July 2012 Sponsor: Investec Bank Limited
Date: 19/07/2012 08:00:00 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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