ASR - Assore Limited - Trading Statement

ASR
ASR                                                                             
ASR - Assore Limited - Trading Statement                                        
Assore Limited                                                                  
(Incorporated in the Republic of South Africa)                                  
Registration number: 1950/037394/06                                             
Share code: ASR                                                                 
ISIN: ZAE000017117                                                              
("the Assore group")                                                            
TRADING STATEMENT                                                               
Shareholders are advised that the change in trading conditions, brought about by
the world economic turmoil which set in at the beginning of October 2008,       
continued to have a direct and enduring effect on the markets in which the      
Assore group trades. 
While sales volumes for all products have exceeded those   
for the same period in the previous fiscal year, prices achieved have decreased 
substantially. In addition, markets are priced in US Dollars, and results have  
been adversely affected by the stronger exchange rates which prevailed over the 
six months ended 31 December 2009.                                              
As a result, attributable earnings per share for the six months ended 31        
December 2009 are anticipated to be between R12,00 and R17,00 (six months ended 
31 December 2008: R124,61 per share) and headline earnings per share are        
expected to be between R11,95 and R16,95 (six months ended 31 December 2008:    
R124,44 per share). Earnings per share calculations are based on a weighted     
average of 23,93 million (six months ended 31 December 2008: 23,92 million)     
shares in issue.                                                                
The above earnings per share information has not 
been reviewed or reported on by
the Assore group`s auditors and the results for the six months ended 31 December
2009 are expected to be published on or about 18 February 2010.                 
Illovo Boulevard                                                                
Johannesburg                                                                    
8 February 2010                                                                 
Contact details:                                                                
Ross Davies                                                                     
Switchboard: (011) 770 6800                                                     
Direct line: (011) 770 6815                                                     
E-mail: rossdavies@assore.com                                                   
Sponsor                                                                         
Standard Bank                                                                
   
Date: 08/02/2010 15:00:01 Produced by the JSE SENS Department.                  
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