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LABAT AFRICA LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1986/001616/06)
('Labat' or 'the company')
ISIN Code: ZAE 000018354 Share code: LAB
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.
Shareholders are advised that Labat expects to report that earnings per share for the six
months ended 31 August 2014 will be 1.35 cents from continuing operations and 0.98 cents
from discontinued operations, giving a total of 2.33 cents per share compared to a loss of
0.75 cents per share for the prior comparative six month period ended 31 August 2014. This
represents an improvement of 280% on the prior period earnings per share for continuing
operations and a 410% improvement in total earnings per share.
Similarly headline earnings per share for the six months ended 31 August 2014 will be 1.38
cents per share compared to a loss of 0.75 cents per share for the prior comparative six
month period ended 31 August 2014. This represents an improvement of 284% on the prior
period headline earnings per share.
The financial information on which this trading statement is based has not been reviewed
and reported on by the company's auditors.
The Company's interim results announcement for the six months ended 31 August 2014 is
expected to be published on or about 12 December 2014.
11 December 2014
By order of the board
Johannesburg
Sponsor
Arbor Capital Sponsors Proprietary Limited
Date: 11/12/2014 05:27:00 Supplied by www.sharenet.co.za
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