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ESR - Esorfranki Limited - Trading update

Release Date: 13/10/2011 13:16:01      Code(s): ESR
ESR - Esorfranki Limited - Trading update                                       
ESORFRANKI LIMITED                                                              
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1994/000732/06)                                           
JSE code: ESR                                                                   
ISIN: ZAE000133369                                                              
("Esorfranki" or "the company")                                                 
TRADING UPDATE                                                                  
Esorfranki is currently finalising its interim financial results for the        
six months ended 31 August 2011 and shareholders are advised that the           
company expects a basic loss per share of between 4.8 and 5.8 cents and         
a headline loss per share of between 3.9 and 4.7 cents for that period.         
Notwithstanding the above, Esorfranki`s work on hand and future pipeline        
remain healthy, with a secured outstanding order book in excess of R 1.5        
billion (exclusive of the Western Aqueduct award) as at the date of this        
announcement and imminent pending awards of approximately R 2.3 billion.        
The financial information on which this trading update is based has not         
been reviewed or reported on by the company`s auditors.                         
The company`s interim financial results for the six months ended 31             
August 2011 are expected to be published on SENS during the week ending         
28 October 2011.                                                                
Sandton                                                                         
13 October 2011                                                                 
Sponsor                                                                         
Vunani Corporate Finance                                                        
Date: 13/10/2011 13:16:01 Supplied by www.sharenet.co.za                     
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