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ESR - Esorfranki - Trading Update

Release Date: 07/05/2012 08:00:02      Code(s): ESR
ESR - Esorfranki - 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 financial results for the year ended 29  
February 2012 and shareholders are advised that the company expects a basic     
earnings per share of between 4,5 and 5,4 cents and a headline earnings per     
share of between 5,5 and 6,5 cents for that period, these numbers represents an 
increase in earnings per share of between 132% and 138% (2011: loss per share)  
and headline earnings per share of 143% and 151% (2011: headline loss per       
share).                                                                         
Esorfranki`s work on hand and future pipeline remain healthy, with a secured    
outstanding order book in excess of R 1,75 billion as at 29 February 2012 and   
imminent pending awards of approximately R 2 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 financial results for the year ended 29 February 2012 are expected
to be published on SENS during the week ending 1 June 2012.                     
Sandton                                                                         
7 May 2012                                                                      
Sponsor                                                                         
Vunani Corporate Finance                                                        
Date: 07/05/2012 08:00:02 Supplied by www.sharenet.co.za                     
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