IMBALIE BEAUTY LIMITED - Trading Statement

Trading Statement

IMBALIE BEAUTY LIMITED
(formerly Skinwell Holdings Limited)
(Incorporated in the Republic of South Africa)
(Registration number 2003/025374/06)
JSE Code: ILE ISIN: ZAE000165239
("Imbalie” or “the company")


TRADING STATEMENT

In accordance with paragraph 3.4 of the Listings Requirements
of the JSE Limited, a company is required to publish a trading
statement as soon as it becomes aware, with a reasonable
degree of certainty, that the financial results for the next
period to be reported on are likely to vary by more than 20%
from the previous corresponding period.

For the year ended 29 February 2012 Imbalie reported both
earnings and headline earnings per share of 1.07 cents. For
the year ended 28 February 2013, the company expects both
earnings and headline earnings per share to be between 0.46
and 0.67 cents.

The decline in earnings and headline earnings per share can be
attributed primarily to the increase in shares in issue as a
result of the company issuing shares for cash at the beginning
of the 2013 financial year, and to trading conditions during
the latter part of the 2013 financial year that were more
difficult than expected, mainly due to a slow-down in consumer
spending.

The financial information on which this trading statement is
based has not been reviewed or reported on by the company`s
auditors.

Kosmosdal, Centurion
24 May 2013

Designated Adviser:
Grindrod Bank Limited

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