The Tongaat-Hulett Group Limited
(Registration number 1892/000610/06)
Share code: TNT
Issuer Code: THGL
The Groupís results for the year ended 31 December 2004 will be released on 21 February 2005.
Tongaat-Hulett communicated in February 2004 and confirmed in August 2004 that it expects to report a substantial headline earnings recovery in 2004, with programmes, spanning the next two years, in place to grow earnings through internal actions.
Headline earnings for the year ended 31 December 2004 are expected to be between R205 million and R218 million, a substantial recovery from the loss of R93 million in 2003. This equates to an expected headline earnings per share of between 201,5 and 214,3 cents per share (2003: headline loss of 91,7 cents per share). Earnings per share of between 211,4 and 224,1 cents per share are expected.
This trading statement is issued in compliance with the JSE Securities Exchange South Africa Listings Requirements. The above information has not been reviewed or reported on by the Groupís auditors.
20 January 2005
Sponsor: Investec Bank Limited