SENS announcement – Trading Statement

In terms of the Listings Requirements of the JSE Limited, companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the period to be reported on next will differ by more than 20% from those of the previous corresponding period.

Shareholders are hereby advised that a reasonable degree of certainty exists that the earnings per share for the six months ended 30 June 2012 is expected to be between 10 and 14 cents per share (2011: 77 cents). Headline earnings per share is expected to be between 4 and 6 cents per share (2011: -10 cents).

The information contained in this trading statement has not been reviewed or reported on by the Company’s external auditors. R&E expects to release its financial results for the six months ended 30 June 2012 on or about 17 August 2012.

Johannesburg
08 August 2012
Sponsor
PSG Capital

Posted in Company Announcements.