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Trading Statement
MMI Holdings Limited
Incorporated in the Republic of South Africa
Registration Number: 2000/031756/06
JSE share code: MMI
NSX share code: MIM
ISIN: ZAE000149902
(“MMI” or the “company”)
Trading statement in terms of the JSE Listings Requirements
MMI will be releasing interim results for the six months ended 31
December 2012 on 6 March 2013.
Shareholders are advised that the group`s statutory diluted
earnings per share and diluted headline earnings per share are
expected to be between 85 and 100 cents per share for the six
month period, an increase of between 60 and 80 percent on the
comparative results. Diluted core headline earnings will be
between 90 and 100 cents per share, an increase of between 10 and
20 percent.
Core headline earnings are a measure of performance used by MMI in
addition to earnings and headline earnings. Core headline
earnings are regarded by the directors of MMI as an appropriate
measure of longer-term operational performance, given that items
of both a once-off and an inherently volatile nature are
eliminated. These include changes to the valuation basis,
investment variances, fair value movements on shareholder assets,
secondary tax on companies and the amortisation of any intangible
assets recognised due to business combinations.
The financial information on which this trading statement is based
has not been reviewed or audited by MMI`s external auditors.
Centurion
27 February 2013
Sponsor
Merrill Lynch South Africa (Pty) Ltd
Date: 27/02/2013 09:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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