To view the PDF file, sign up for a MySharenet subscription.

EXXARO RESOURCES LIMITED - Further Trading Statement for the year ended 31 December 2012

Release Date: 22/02/2013 12:00
Code(s): EXX     PDF:  
Wrap Text
Further Trading Statement for the year ended 31 December 2012

EXXARO RESOURCES LIMITED
Incorporated in the Republic of South Africa
(Registration Number: 2000/011076/06)
JSE share code: EXX
ISIN code: ZAE000084992
ADR code: EXXAY
(“Exxaro”)

FURTHER TRADING STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2012

Further to the announcement on 30 November 2012, shareholders of Exxaro are advised
that Exxaro and its directors have obtained a reasonable degree of certainty relating to the
expected financial results for the year ended 31 December 2012.

The profit realised on the sale of the mineral sands and Rosh Pinah operations in mid 2012
is expected to result in an increase in attributable earnings when compared with the
corresponding period in 2011. These sales transactions resulted in these operations
effectively contributing to earnings for six and six and a half months, respectively, in 2012
compared to 12 months in 2011, contributing to the decline in expected headline earnings.

Attributable earnings for the year ended 31 December 2012 are expected to be between
R9 193 million and R9 871 million. This equates to attributable earnings per share of
between 2 597 cents and 2 788 cents, representing an increase of between 18% and 27%
when compared with the comparative period in 2011.

Headline earnings per share are expected to be between 1 261 cents and 1 443 cents,
representing a decrease of between 31% and 40% when compared with the corresponding
period in 2011.

The forecast financial information on which this trading statement is based has not been
reviewed, audited nor reported on by Exxaro’s external auditors. This statement is issued in
compliance with the Listings Requirements of the JSE Limited.

Shareholders are reminded that Exxaro will release its reviewed financial results for the year
ended 31 December 2012 on 07 March 2013.

Editors note:
Exxaro is one of the largest South African based diversified resources companies, with
interests in the Coal, Mineral sands and Iron ore commodities. www.exxaro.com

Enquiries:
Wim de Klerk
Finance Director
Tel: + 27 12 307 4848
Mobile: +27 82 652 5145
Email: wim.deklerk@exxaro.com

Pretoria
22 February 2013

Sponsor
Deutsche Securities (SA) (Proprietary) Limited

Date: 22/02/2013 12:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story