INFRASORS HOLDINGS LIMITED - Infrasors Trading statement - August 2012

Infrasors Trading statement - August 2012

Infrasors Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2007/002405/06)
Share Code on the JSE: IRA ISIN: ZAE000101507
("Infrasors" or "the Company")


TRADING OVERVIEW

To improve its cost base, efficiency and market opportunities, Infrasors
has reviewed its current age, capacity and related maintenance costs of
the beneficiation plant at its Lyttelton Centurion mine. This has
resulted in a strategy for improving efficiencies and capacities on the
back of having received its new order mining right and expanded reserve
approval as published previously on SENS on the 16th of August 2012.

To address the declining deposit at the Delf Sand mine, Infrasors is
vigorously pursuing procurement of the remaining regulatory approvals
for its greenfields Delf Cullinan alluvial silica deposit, being the
replacement silica deposit, which would positively affect mining and
beneficiation costs once commissioned.


TRADING STATEMENT
In terms of the JSE Listings Requirements, companies are required to
publish a trading statement as soon as they are satisfied with a
reasonable degree of certainty that the financial results of the period
to be reported upon will differ by 20% or more from the financial
results of the previous corresponding period.
Accordingly, Infrasors shareholders are advised that:

- Headline earnings per share (“HEPS”) for the six month period ended
31 August 2012 are expected to decrease to between 0.6 cents per
share and 1.0 cent per share, compared to the 4.4 cents per share of
the corresponding period; and
- Basic earnings per share (“EPS”) for the six month period ended 31
August 2012 are expected to decrease to between 0.6 cents per share
and 1.0 cents per share, compared to the 4.4 cents per share of the
corresponding period.

The financial information on which this trading statement is based has
not been reviewed, audited and reported on by the Company’s auditors.

Shareholders are advised that the results for the six month period ended
31 August 2012 will be released mid November 2012.

By Order of the Board of Directors

Johannesburg
1 November 2012

Sponsor
Sasfin Capital (a division of Sasfin Bank Limited)

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