Highlights

Revenue*		23%
Operating profit*		27%
Net profit after tax*		20%
Core earnings per share*		20%
Cash flows from operating activities of	R421 million
* when comparing to core pro forma earnings

Commentary

Basis of preparation

The condensed interim financial statements have been prepared in accordance with International Accounting Standards (IAS) 34 Interim Financial Reporting. The accounting policies and methods of computation are consistent with those used in the comparative financial information for the six months ended 30 November 2007, (which were prepared in accordance with International Financial Reporting Standards (IFRS) and the South African Companies Act).

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