Sharenet Sites 
Sharenet Sites
Trading Statement
Chemical Specialities Limited
Incorporated in the Republic of South Africa
Registration number 2005/039947/06
Share code: CSP
ISIN: ZAE000109427
("Chemspec" or "the Company")
TRADING STATEMENT
In terms of the JSE Limited, companies are required to publish a trading
statement as soon as they are 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, shareholders are advised that, for the year ended 31 March
2013, ChemSpec expects that the headline loss will be between 2.75 cents
per share and 3.16 cents per share compared to the headline loss of 2.06
cents per share reported in the previous corresponding period. Loss per
share is expected to be between 2.70 cents per share and 3.12 cents per
share compared to the loss of 2.13 cents per share as reported in the
previous corresponding period.
While this is disappointing shareholders should bear in mind that the group
has gone through major restructure and turnaround over the last two years
which management and the board are confident will bear fruit in the coming
financial year.
The company is well capitalized, has a strong executive team in place and
continues to experience market share growth particularly in the South
African market.
While we had hoped a return to profit had been earlier we still remain
confident of rewarding patient medium to long term investors and we would
hope that shareholders see this loss as a base setter for a prosperous
future rather than as a negative.
The information on which the above trading statement has been provided has
not been reviewed or reported on by the company’s auditors.
The audited results for the year ended 31 March 2013 are expected to be
released on SENS on or about 19 June 2013.
Durban
13 May 2013
Designated Advisor
Grindrod Bank Limited
Date: 13/05/2013 05:00:00 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.
