Trading Statement


WBO 201208170003A
Trading Statement

WILSON BAYLY HOLMES - OVCON LIMITED
Building and civil engineering contractors
(Registration no. 1982/011014/06)
ISIN No: ZAE 000009932
Share code: WBO
(“WBHO” or “the Company”)

TRADING STATEMENT

The directors of WBHO advise that the consolidated results for Wilson Bayly Holmes – Ovcon Limited for the year ended 30 June 2012 will show a 10% to 15% decline in earnings per share and a 15% to 20% decline in headline earnings per share.

The reduction in earnings is primarily due to the Competition Commission provision, the tax treatment thereof and margin reduction due to competitive trading conditions.

This statement has not been reviewed or reported on by the company’s auditors.

The financial results for the year to 30 June 2012 are expected to be released on 3 September 2012.

By order of the board

Johannesburg
17 August 2012

Sponsor: Investec Bank Limited

Date: 17/08/2012 07:30:00 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.