LABAT AFRICA LIMITED - Trading statement

Trading statement

LABAT AFRICA LIMITED
Incorporated in the Republic of South Africa
(Registration number 1986/001616/06)
JSE code: LAB ISIN: ZAE000018354
(“Labat” or “the company”)


TRADING STATEMENT


In terms of paragraph 3.4(b)(i) of the Listings Requirements
of the Johannesburg Stock Exchange, listed companies are
required to publish a trading statement as soon as they become
reasonably certain that the financial results for the next
period to be reported on will be more than 20% different from
those of the previous corresponding period or from a profit
forecast previously provided to the market in relation to such
period.

A review by management of the financial results for the year
ended 28 February 2014 has indicated that the basic loss per
share for continuing operations is expected to increase to
between (3.0) cents and (3.1) cents per share from the prior
year ended 28 February 2013 of (0.23) cents and loss per share
for discontinuing operations is zero for the current year.
The headline earnings per share is expected to improve to
between 1.20 cents to 1.25 cents per share from the headline
earnings of 0.03 cents per share as published for the previous
corresponding period.

This trading statement has not been reviewed and reported on
by the company’s auditors.


Johannesburg
30 May 2014

Sponsor
Arcay Moela Sponsors Proprietary Limited

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