Sharenet Sites 
Sharenet Sites
Trading statement in respect of the year ended 30 June 2013
African Rainbow Minerals Limited
(Incorporated in the Republic of South Africa)
(Registration number 1933/004580/06)
JSE Share code: ARI
ISIN: ZAE000054045
(“ARM” or the “Company”)
Trading statement in respect of the year ended 30 June 2013
In terms of paragraph 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 is satisfied that a reasonable degree of certainty exists
that the financial results for the period to be reported on next will
differ by at least 20% from those of the previous corresponding period.
ARM’s headline earnings per share for the year ended 30 June 2013 are
expected to be between 1 640 and 1 780 cents per share (F2012: 1 615
cents per share).
However, basic earnings were negatively impacted by large exceptional
items.
The biggest exceptional item relates to the unrealised mark-to-market
loss resulting in the impairment of the original cost of the investment
in Harmony Gold Mining Company Limited (“Harmony”). In terms of ARM’s
accounting policy for available-for-sale financial assets, into which
category the Harmony investment falls, a significant or prolonged
decline in the market value below the cost of the investment has to be
adjusted through the Income Statement. The impairment is R2.0 billion
after tax and is based on the Harmony share price of R35.75 per share at
30 June 2013.
Accordingly, ARM expects basic earnings per share for the year ended 30
June 2013 to decrease to between 725 and 810 cents per share (F2012: 1
609 cents per share).
The financial information on which this trading statement is based has
not been reviewed or reported on by the external auditors of ARM.
The Company’s full provisional results will be released on Monday, 2
September 2013.
ENDS
For all investor relations queries please contact:
Jongisa Klaas
Corporate Development and Head of Investor Relations
Office: +27 11 779 1300
E-mail: jongisa.klaas@arm.co.za
Johannesburg
20 August 2013
Sponsor: Deutsche Securities (SA) Proprietary Limited
Date: 20/08/2013 04:58:00 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.
