AFRICAN & OVERSEAS ENTERPRISES LIMITED - Trading statement

Trading statement

AFRICAN AND OVERSEAS ENTERPRISES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1947/027461/06)
JSE share code: AOO          ISIN: ZAE000000485
JSE share code: AON          ISIN: ZAE000009718
JSE share code: AOVP         ISIN: ZAE000000493
("AOE" or "the Company")


TRADING STATEMENT


In terms of the JSE Listings Requirements, companies are required to publish a trading statement as soon as they are
satisfied that a reasonable degree of certainty exists that the financial results for the current reporting period will differ
by at least 20% from the financial results for the previous corresponding period.

Shareholders are accordingly advised that the Company's:

-    Earnings per share for the year ended 30 June 2024 is expected to be a loss of 15.8 cents per share, representing a
     decrease of 103.9% when compared to the earnings per share of 408.2 cents for the year ended 30 June 2023.

-    Headline earnings per share for the year ended 30 June 2024 is expected to be a profit of 60.1 cents per share,
     representing a decrease of 85.4% when compared to the headline earnings per share of 412.6 cents per share for
     the period ended 30 June 2023.

The information on which this trading statement has been based has not been reviewed or reported on by the Company's
auditors.

AOE's financial results for the year ended 30 June 2024 is expected to be released on or about 27 September 2024.

26 September 2024


Sponsor
Java Capital

Date: 26-09-2024 05:30:00
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