Sharenet Sites 
Sharenet Sites
Trading Statement
CARGO CARRIERS LIMITED
(Registration Number 1959/003254/06)
Share code: CRG
ISIN: ZAE000001764
("CRG" or "the Company")
TRADING STATEMENT
In accordance with paragraph 3.4(b) of the Listings Requirement of the
Johannesburg Stock Exchange, shareholders are advised that for the year ended
28 February 2015:
- Headline earnings per share (“HEPS”) are expected to be between 137.58 cents
and 160.51 cents, reflecting a decrease of between 30% and 40% when
compared to the HEPS of 229.3 cents per share reported for the year ended
28 February 2014; and
- Earnings per share (“EPS”) are expected to be between 128.92 cents and
152.36 cents, reflecting a decrease of between 35% and 45%, when compared
to the EPS of 234.4 cents per share reported for the year ended 28 February
2014.
Earnings were primarily affected by a higher tax charge of 34.1% (2014: 7.5%). The
prior year tax benefitted from a reduction in the deferred tax provision relating to
capital gains tax base cost re-assessments.
The financial information on which this trading statement is based has not been
reviewed and reported on by the Company’s auditors.
The Company expects its results for the year ended 28 February 2015 to be released
on SENS on or about 19 May 2015.
Johannesburg
15 May 2015
Sponsor
Arbor Capital Sponsors Proprietary Limited
Date: 15/05/2015 02:44:00 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.
