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Trading statement
ANDULELA INVESTMENT HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1950/037061/06)
JSE share code: AND ISIN: ZAE000172870
(“Andulela” or “the company”)
TRADING STATEMENT
In terms of the JSE Listings Requirements, 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 December 2013 the company expects that its basic
earnings per share will be between 6.81 cents and 8.17 cents, and its headline earnings per share will be between 6.44
cents and 7.72 cents, compared to its basic loss per share of 60.80 cents and its headline loss per share of 4.63 cents for
the year ended 31 December 2012.
The financial information on which this trading statement is based has not been reviewed or reported on by the
company’s auditors.
Andulela’s final results for the year ended 31 December 2013 are expected to be released on or about 31 March 2014.
24 March 2014
Sponsor
Java Capital
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