Press releases

Trading statement for the year ended 31 December 2011

Consolidated headline earnings per share (“HEPS”) for the Group for the year ended 31 December 2011, is anticipated to reduce to between 153 cents and 172 cents, based on a weighted average number of shares in issue of 163 677 799. This compares to a HEPS of 191 cents for the previous corresponding period which was based on a weighted average number of shares in issue of 141 132 832. The increase in the weighted average number of shares resulted from shares issued in November 2010, as part of the Initial Public Offering and listing of RBPlat’s entire issued share capital on JSE Limited.

The Group’s results were also impacted by an amortisation and depreciation charge related to the fair value adjustment, a non-recurring optimisation project cost and a non-recurring income inflow from the settlement of intercompany balances. Based on the latest estimate, after taking account of the above mentioned items, the Group’s normalised earnings per share for the year ended 31 December 2011 is anticipated to be between 200 cents and 220 cents per share.

RBPlat expects to release its annual financial results on or about 28 February 2012.

The information above has not yet been reviewed and reported on by the Group’s independent external auditors.

Johannesburg
31 January 2012

JSE Sponsor
Macquarie First South Capital (Pty) Limited

For further enquiries, please contact:

Lindiwe Montshiwagae
Investor Relations Manager
Tel: +27 (0)10 590 4517
Email: lindiwe@bafokengplatinum.co.za

Previous page