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Trading Statement
TIMES MEDIA GROUP LIMITED
(formerly Richtrau No. 229 Proprietary Limited)
Incorporated in the Republic of South Africa
Registration number: 2008/009392/06
Share code: TMG
ISIN code: ZAE000169272
(“Times Media Group” or “TMG” or “the Company”)
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TRADING STATEMENT
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In terms of the Listings Requirements of the JSE Limited, a listed company is required to
issue a trading statement once it is satisfied that a reasonable degree of certainty exists
that the financial results for the period to be reported upon next will differ by at least 20%
from the financial results for the previous corresponding period.
Accordingly, the Company advises that, in respect of the six months ended
31 December 2012, it is expecting to announce a loss of 17 cents per share (2011:
42 cents earnings per share) and headline earnings of 28 cents per share (2011: headline
earnings of 28 cents per share).
The results for the half-year include a R26 million loan impairment and net exceptional
charges of R130 million, of which R85 million is added back in the determination of
headline earnings.
The financial information on which this trading statement is based has not been reviewed
or reported on by the company’s auditors.
TMG’s interim financial results are scheduled to be announced on or about Wednesday,
13 March 2013.
6 March 2013
Johannesburg
Sponsor
PSG Capital
Date: 06/03/2013 09:43:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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