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 year ended 31 December 2013 is expected to be between 9 and 11 cents per share (2012: 10 cents). Headline earnings per share is expected to be between 8 and 8.4 cents per share (2012: 2 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 year ended 31 December 2013 in due course.
10 March 2014