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MIX - MiX Telematics Limited - Clarification Of Trading Statement Of 27 May 2009

Release Date: 29/05/2009 14:59
Code(s): MIX
Wrap Text

MIX - MiX Telematics Limited - Clarification Of Trading Statement Of 27 May 2009 MiX Telematics Limited (Incorporated in the Republic of South Africa) Registration number 1995/013858/06) JSE Code: MIX ISIN: ZAE000125316 ("the company") CLARIFICATION OF TRADING STATEMENT OF 27 MAY 2009 This announcement is made in order to clarify the trading statement issued on 27 May 2009. The expected increase in: - Headline Earnings Per Share of between 20 - 30% - Adjusted Headline Earnings Per Share of between 20 - 30% is calculated by comparing the anticipated results for the year ended 31 March 2009 against the pro forma comparatives for the year ended 31 March 2008. The pro forma comparatives were published by the company in the prior year and were prepared on the basis that the acquisition of OmniBridge RSA and Datatrak Europe was already effective on 1 April 2007. These pro forma results were prepared with the purpose of providing users with a better understanding of what the results for the year ended 31 March 2008 would have looked like had the transaction been in effect for the entire financial year and had none of the costs associated with effecting the transaction been incurred in that financial year. 29 May 2009 Sponsor Java Capital (Proprietary) Limited Date: 29/05/2009 14:59:01 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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