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METMAR LIMITED - Trading Statement

Release Date: 12/04/2013 16:45
Code(s): MML     PDF:  
Wrap Text
Trading Statement

METMAR LIMITED
Incorporated in the Republic of South Africa
(Registration number 1998/007269/06)
Share code: MML
ISIN code: ZAE000078747
("the Company")


                                          TRADING STATEMENT




In terms of the JSE Limited Listings Requirements, companies are required to publish a trading statement
as soon as they are satisfied with a reasonable degree of certainty that the financial results of the period to
be reported upon will differ by 20% or more from the financial results of the previous corresponding period.

Shareholders are advised that the Company’s attributable loss per share for the year ended 28 February
2013 is expected to be between 43.25 cents and 36.35 cents. The headline loss per share for the year
ended 28 February 2013 is expected to be between 36.02 cents and 29.21 cents.

These results include after tax impairments of R82 million and net foreign exchange losses of R6 million.
Without these adjustments the expected attributable loss per share would have been between 8.18 cents
and 7.18 cents.

The Company’s auditors have not reported on the financial information on which this trading statement is
based. Shareholders are advised that the results for the year ended 28 February 2013 will be released no
later than the second week of May 2013. Salient announcements regarding the business structure,
investments and operations are expected during the release of the results.


12 April 2013
Bryanston

Sponsor
One Capital

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