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ERBACON INVESTMENT HOLDINGS LIMITED - Trading Statement and Renewal of Cautionary

Release Date: 26/04/2013 17:03
Code(s): ERB     PDF:  
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Trading Statement and Renewal of Cautionary

Erbacon Investment Holdings Limited
Incorporated in the Republic of South Africa
(Registration number: 2007/014490/06)
Share code: ERB
ISIN: ZAE000111571
(“Erbacon” or “the Company” “the Group”)

TRADING STATEMENT AND RENEWAL OF CAUTIONARY

TRADING STATEMENT

In terms of section 3.4 (b) of the Listings Requirements of
the JSE Limited, a listed company is required to publish a
trading statement as soon as it becomes reasonably certain
that the financial results for the period to be reported on
will differ by more than 20% from those of the prior
corresponding period.

The board accordingly advises that the Group expects a basic
loss per share of between 67 cents per share and 49 cents per
share, and a headline loss per share of between 38 cents per
share and 24 cents per share, respectively for the financial
year ended 28 February 2013 compared to a basic and headline
loss per share of 92 cents per share and 71 cents per share
respectively for the prior corresponding period.

The audited condensed results for the year ended 28 February
2013 will be announced by no later than 31 May 2013.

The above information has not been reviewed or reported on by
the Group’s auditors.

RENEWAL OF CAUTIONARY

Shareholders are further referred to the announcement dated 28
March 2013 in respect of the conclusion of a Loan and Rights
Offer Agreement. The Company is still in discussions regarding
the perusal of the rights offer and shareholders are
accordingly advised to remain cautious when dealing in the
securities of the Company.

26 April, 2013
Midrand

Designated adviser:
PSG Capital (Pty) Limited

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