B&W INSTRUMENTATION & ELECTRICAL LD - Trading Statement

Trading Statement

B & W INSTRUMENTATION AND ELECTRICAL LIMITED
Incorporated in the Republic of South Africa
(Registration number 2001/008548/06)
Share code: BWI ISIN: ZAE000098687
(“B&W” or “the Company”)


TRADING STATEMENT



In terms of the Listings Requirements of JSE Limited, companies are required to publish a trading
statement as soon as they become reasonably certain that the financial results for the period to
be reported on will differ by more than 20% from that of the previous corresponding period.

Accordingly, a review of the financial results for the year ended 31 August 2012 by management
has indicated that the earnings per share and headline earnings per share are expected to be
between 108% and 128% higher, compared to the loss per share of 7.83 cents and the headline
loss per share of 7.74 cents for the year ended 31 August 2011.

The financial information on which this trading statement is based has not been reviewed or
reported on by B&W’s auditors. The Company’s financial results are expected to be released on
SENS on or about 19 November 2012.


Johannesburg
2 November 2012

Designated Adviser
Merchantec Capital

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