JASCO ELECTRONICS HOLDINGS LIMITED - Trading statement

Trading statement

JASCO ELECTRONICS HOLDINGS LIMITED
(Incorporatedin the Republic of South Africa)
(Registration Number 1987/003293/06)
Share code: JSC     ISIN: ZAE000003794
(“Jasco” or “the company” or “the group”)


TRADING STATEMENT

Jasco hereby advises that for the six months ended 31 December
2012, the company expects:
   *   Earnings per share (“EPS”) to be between 55% and 60%
       higher (between 9,9 cents and 10,2 cents per share) than
       the 6,4 cents per share for the previous corresponding
       period.
   *   Headline earnings per share (“HEPS”) to be between 25%
       and 30% lower (between 4,8 cents and 5,2 cents per
       share) than the 6,9 cents per share for the previous
       corresponding period.


While the group’s core businesses performed satisfactorily,
adverse market conditions severely impacted the performance of
Lighting Structures and M-TEC, which reduced overall group
profitability. With effect from 1 December 2012 Lighting
Structures was sold to Jasco’s international partner in this
business.

The difference between the EPS and HEPS is due to profit on
the disposal of property and the loss on disposal of Lighting
Structures. Both of these disposals have a once-off impact.

The information in this trading statement has not been
reviewed or reported on by the Company’s external auditors.

Shareholders are advised that Jasco’s unaudited interim
results will be announced on 7 February 2013.



Johannesburg
1 February 2013


Sponsor
Grindrod Bank Limited

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