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KUMBA IRON ORE LIMITED - Trading statement for the twelve months ending 31 December 2013

Release Date: 17/12/2013 08:30
Code(s): KIO     PDF:  
Wrap Text
Trading statement for the twelve months ending 31 December 2013

Kumba Iron Ore Limited
A member of the Anglo American plc group
(Incorporated in the Republic of South Africa)
(Registration number 2005/015852/06)
JSE Share code: KIO
ISIN: ZAE000085346
(“Kumba” or "the Company")

TRADING STATEMENT FOR THE TWELVE MONTHS ENDING 31 DECEMBER 2013

Kumba’s results for the twelve months ending 31 December 2013 ("the period") will be released on SENS on or
about 11 February 2014. Headline earnings and basic earnings for the period are likely to be at least 20% higher
than the previous 12 months, ended 31 December 2012.

Headline earnings and basic earnings reported for the 12 months ended 31 December 2012 (as released on SENS
on 12 February 2013) ("the comparative period") were R12,198 million and R12,212 million respectively while
headline earnings per share (“HEPS”) and earnings per share (“EPS”) reported for the comparative period were
R37.97 and R38.02 respectively.

The increase in earnings is largely attributable to an increase in export iron ore prices and a weaker exchange rate,
partially offset by lower production from Sishen mine during the period.

In this regard, HEPS and EPS are also likely to be at least 20% higher than those of the comparative period.
Shareholders are advised that a further trading statement will be issued in due course to provide forecast ranges
for HEPS and EPS as required by the JSE Listing requirements.

The financial information on which this trading statement is based has not been reviewed and reported on by the
Company’s external auditors.



Pretoria
17 December 2013

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 17/12/2013 08:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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