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STRATCORP LIMITED - TRADING STATEMENT - AUDITED CONDENSED RESULTS FOR THE YEAR ENDED 29 FEBRUARY 2012

Release Date: 17/09/2012 14:40
Code(s): STA     PDF:  
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TRADING STATEMENT - AUDITED CONDENSED RESULTS FOR THE YEAR ENDED 29 FEBRUARY 2012

StratCorp Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2000/031842/06)
(Share Code: STA ISIN Code: ZAE00034294)
("StratCorp" or "the company")


TRADING STATEMENT- AUDITED CONDENSED RESULTS FOR THE YEAR 
ENDED 29 FEBRUARY 2012


Shareholders are referred to the reviewed condensed 
provisional financial results of StratCorp for the year 
ended 29 February 2012 (reviewed February 2012 results) 
released on Sens on 1 June 2012. 

In terms of the Listings Requirements of the JSE Limited 
("JSE"), section 3.4(b), companies are required, if an 
issuer becomes reasonably certain that its previously 
published results are no longer correct, to publish a 
trading statement providing the revised numbers or ranges.

Shareholders are advised that the audit of the companys 
results for the year ended 29 February 2012 (audited 
February 2012 results) is being finalised and that the 
audited February 2012 results will differ from the reviewed 
February 2012 results.  The company expects the audited 
results to be as follows:

* basic and diluted loss per share for the year ended 
29 February 2012 to be between 13.5 and 14.5 cents per 
share compared to a loss of 9.85 cents per share reported 
in the reviewed February 2012 results (loss 0.94 cents 
per share 2011);

* basic and diluted loss per share from continuing 
operations for the year ended 29 February 2012 to be 
between 7.0 and 7.5 cents per share compared to a loss 
of 4.03 cents per share reported in the reviewed February 
2012 results (loss 0.34 cents per share 2011);

* basic and diluted loss per share from discontinuing 
operations for the year ended 29 February 2012 to be 
between 6.5 and 7.0 cents per share compared to a loss 
of 5.82 cents per share reported in the reviewed February 
2012 results (loss 0.60 cents per share 2011);

* headline and diluted headline loss per share from 
discontinuing operations for the year ended 29 February 
2012 to be between 10.5 and 11.0 cents per share compared 
to a loss of 11.13 cents per share reported in the reviewed 
February 2012 results (loss 0.99 cents per share 2011);

The differences are due to:
* reversal of deferred tax assets;
* write off of inventory; and
* additional loss on the disposal of the Soldonné 
residential units.

The financial information on which this trading statement 
is based has not been reviewed or reported on by the 
company`s auditors.

The company is expected to publish the audited condensed 
financial results for the year ended 29 February 2012 on 
19 September 2012.

The Annual Report for the year ended 29 February 2012 will 
be posted to shareholders on or about 26 September 2012.


Centurion
17 September 2012

Designated Adviser
Exchange Sponsors

Date: 17/09/2012 02:40:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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