INTERWASTE HOLDINGS LIMITED - Trading Update and Statement

Trading Update and Statement

Interwaste Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2006/037223/06)
JSE code: IWE
ISIN:ZAE000097903
(“Interwaste” or “the Group”)

TRADING UPDATE AND STATEMENT

Trading update for the six months ended 30 June 2014

Despite the effect of the strike in the platinum industry,
comprehensive income and headline income for the six months ended
30 June 2014 are expected to be between 50% and 60% higher than
the figures for the comparative period (2013: R9.98 million and
R9.79 million). The increase at an earnings per share and
diluted earnings per share level is reduced as a result of the
additional shares issued in the latter part of 2013 pursuant to
the capital raising.

Trading statement

The following additional disclosure is made in accordance with
Section 3.4 (b) of the Listings Requirements of the JSE Limited:

  -   Consolidated headline earnings per share for the Group for
      the six months ended 30 June 2014 are expected to increase
      by between 25% and 35% over the prior year’s comparative
      period (2013: 2.97 cents per share);
  -   Consolidated diluted headline earnings per share for the
      Group for the six months ended 30 June 2014 are expected to
      increase by between 25% and 35% over the prior year’s
      comparative period (2013: 2.95 cents per share);
  -   Consolidated earnings per share for the Group for the six
      months ended 30 June 2014 are expected to increase by
      between 25% and 35% over the prior year’s comparative period
      (2013: 3.02 cents per share);
  -   Consolidated diluted earnings per share for the Group for
      the six months ended 30 June 2014 are expected to increase
      by between 25% and 35% over the prior year’s comparative
      period (2013: 3.01 cents per share).

It is expected that Interwaste will release its results for the
six months ended 30 June 2014 on or about 8 September 2014.

The information above has not been reviewed and reported on by
the Group’s auditors.

Germiston
30 July 2014


Designated Adviser
Grindrod Bank Limited

Date: 30/07/2014 02:50:00 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.