Anglo Platinum advises shareholders that basic earnings per share for the half-year ended 30 June 2009 are expected to be between 65% and 75% lower than the basic earnings per share of 3,547 cents for the half-year ended 30 June 2008. Headline earnings per share are expected to be between 90% and 99% lower than the earnings per share of 3,563 cents for the half-year ended 30 June 2008.
The expected decrease is primarily as a result of lower Rand prices of metals sold despite higher sales volumes.
The difference between the basic earnings per share and headline earnings per share reflects the profit in respect of the previously announced BEE transactions with Mvela Resources and Anooraq, which is excluded from headline earnings.
This trading statement is issued in compliance with the Listings Requirements (Section 3.4 (b)) of the JSE Limited. The financial information on which this trading statement is based has not been reviewed and reported on by the Company’s auditors. Anglo Platinum intends publishing its interim results on 27 July 2009.
For further information please contact
Anna Poulter
Tel :011 373 6683
Email: [email protected]
Johannesburg
15 July 2009
Sponsor
Merrill Lynch South Africa (Pty) Limited