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MINE RESTORATION INVESTMENTS LIMITED - Trading Statement

Release Date: 26/11/2015 17:15
Code(s): MRI     PDF:  
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Trading Statement

Mine Restoration Investments Limited
(Incorporated in the Republic of South Africa)
(Registration number 1987/004821/06)
Share Code: MRI     ISIN Code: ZAE000164562
("MRI" or the “Company")

TRADING STATEMENT

In accordance with paragraph 3.4(b) of the JSE Limited
Listings Requirements, companies are required to inform
shareholders as soon as there is a reasonable degree of
certainty that the results to be reported on next are likely
to vary by more than 20% in comparison to the previous
corresponding period.

MRI is in the process of preparing its unaudited financial
results for the six months ended 31 August 2015.

Shareholders are accordingly advised that a reasonable degree
of certainty exists that the Company’s results will reflect a
decreased earnings per share (resulting in a loss per share)
of between 230% and 250% (or between -2.8 and -3.3 cents per
share) when compared to the earnings per share for the six
months ended 31 August 2014 of 2.17 cents per share.

In addition, the results will reflect a decreased headline
earnings per share of between 95% and 115% (or between 0.04
and -0.40 cents per shares) when compared to the headline
earnings per share of 2.17 for 31 August 2014.

This trading statement has not been reviewed or reported on by
the Company’s external auditors.

The Company’s results for 31 August 2015 are expected to be
released on SENS on or before 30 November 2015.

26 November 2015

Designated Adviser
Stellar Advisers (Pty) Ltd

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