7% increase in revenue to R9,2 billion		14% increase in gross profit to R590 million		44% increase in headline earnings per share to 36,74 cents*
47% increase in EBITDA to R438 million*		41% increase in NPAT to R272 million*		R795 million cash flows from operating activities

*Includes once off income receipt of R79,4 million.

FINANCIAL REVIEW

The financial results for the interim period ended 30 November 2011 reflected growth in revenue of 7%, an increase in gross profit margins from 6,00% to 6,38% and overhead growth limited to 6%.

Profitability was enhanced by a once off other income receipt of R79,4 million. The disclosure of the source and circumstance of the payment are prohibited by a confidentiality agreement.

EBITDA increased by 47% and net profit for the period increased by 41% to R272 million.

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