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Further Trading Statement For The 26 Weeks Ended 29 September 2012
Mr Price Group Limited
(Registration number 1933/004418/06)
(Incorporated in the Republic of South Africa)
ISIN: ZAE000026951
JSE share code: MPC
(“the company”)
FURTHER TRADING STATEMENT FOR THE 26 WEEKS ENDED 29 SEPTEMBER
2012
As required by the JSE Limited Listing Requirements, a company
is obliged to announce once it is reasonably certain that its
results will differ by more than 20% from the corresponding
reporting period.
In its trading statement released on 4 October 2012, the company
indicated that its results for the 26 weeks ended 29 September
2012 (“current period”) would be more than 20% higher than the
corresponding period, being the 26 weeks ended 1 October 2011. A
range was not provided at that stage as this was not known with
sufficient certainty.
The company is now closer to finalising the results and expects
profit before taxation to increase by between 20% and 25% over
the comparable period. Basic earnings and headline earnings per
share are expected to increase by between 30% and 35% due to a
lower taxation charge as a consequence of no STC being levied on
the 2012 final dividend, which was paid in the current period.
The above mentioned figures and estimate financial information
have not been reviewed and reported on by the company’s external
auditors.
Durban
25 October 2012
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
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