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AFROCENTRIC INVESTMENT CORP LIMITED - Trading Statement

Release Date: 21/09/2012 16:10
Code(s): ACT     PDF:  
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Trading Statement

AFROCENTRIC INVESTMENT CORPORATION LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1988/000570/06)
JSE Code: ACT, ACTP ISIN: ZAE000078416, ZAE000082269
("AfroCentric" or "the Company")


TRADING STATEMENT

In terms of paragraph 3.4(b) of the Listings Requirements of
the JSE Limited, a listed company is required to publish a
trading statement as soon as it is satisfied that a reasonable
degree of certainty exists that the financial results for the
period to be reported on next, will differ by at least 20%
from those of the previous corresponding period.

AfroCentric shareholders are accordingly advised that:

Basic earnings per share (“EPS”) for the year ended 30
June 2012 is expected to be between 30% and 40% higher
compared to the EPS for the year ended 30 June 2011.


Headline earnings per share (“HEPS”) for the year
ended 30 June 2012 is expected to be between 15% and
20% higher compared to the HEPS for the year ended 30
June 2011.


The financial information on which this trading statement is
based has not been reviewed or reported on by AfroCentric's
auditors. The results for the year ended 30 June 2012 are
expected to be published on or about 28 September 2012.


Johannesburg
21 September 2012

Sponsor:
Sasfin Capital
(a division of Sasfin Bank Limited)

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