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YRK - The York Timber Organisation Limited - Trading Update

Release Date: 05/09/2008 10:37
Code(s): YRK
Wrap Text

YRK - The York Timber Organisation Limited - Trading Update The York Timber Organisation Limited (Incorporated in the Republic of South Africa) Registration number 1916/004890/06) Share code: YRK ISIN: ZAE000008108 ("York" or "the Group") TRADING UPDATE York`s results for the eighteen months ended 30 June 2008 are expected to be released on or about 17th September 2008. In compliance with the Listings Requirements of the JSE Limited and in respect of the 18 months ended 30 June 2008, compared to the previous 12 months ended 31 December 2006 ("previous corresponding period"), because of the change in the financial year end during 2007 from 31 December to 30 June, the Group hereby advises shareholders that: - basic earnings per share are expected to be between 249%% and 269% above those of the previous corresponding period; and - headline earnings per share are expected to be between 291% and 311% above those of the previous corresponding period. In respect of the six month ended 30 June 2008, and comparing it with the comparable six month period ended 30 June 2007 ("comparable period") , the Group hereby advises shareholders that: - basic and headline earnings per share are expected to be between 236% and 256% higher than those of the comparable period; Shareholders are advised that the financial information contained in this trading update has neither been reviewed nor reported on by the company`s external auditors. Sabie 5 September 2008 Sponsor Barnard Jacobs Mellet Corporate Finance (Pty) Limited Date: 05/09/2008 10:37:02 Supplied by www.sharenet.co.za 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.

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