HDC
HDC                                                                             
HDC - Hudaco Industries Limited - Trading statement                             
Hudaco Industries Limited                                                       
("Hudaco" or "the company")                                                     
Incorporated in the Republic of South Africa                                    
Registration number: 1985/004617/06                                             
Share code: HDC                                                                 
ISIN code: ZAE000003273                                                         
TRADING STATEMENT                                                               
In terms of the Listings Requirements of the JSE Limited, 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       
period to be reported on next will be more than 20% different from those of     
the previous corresponding period.                                              
Accordingly, shareholders are advised that, for the year ended 30 November      
2011, Hudaco`s earnings per share ("EPS") are expected to be between 30% and    
40% higher and its headline earnings per share ("HEPS") between 20% and 30%     
higher than for the prior year.                                                 
Hudaco`s results for the financial year ended 30 November 2011 are expected     
to be announced on SENS on Friday 27 January 2012                               
This trading statement has not been reviewed or reported on by Hudaco`s         
external auditors.                                                              
10 January 2012                                                                 
Sponsor: Nedbank Capital                                                        
Date: 10/01/2012 13:58:03 Produced by the JSE SENS Department.                  
The SENS service is an information dissemination service administered by the    
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or            
implicitly, represent, warrant or in any way guarantee the truth, accuracy or   
completeness of the information published on SENS. The JSE, their officers,     
employees and agents accept no liability for (or in respect of) any direct,     
indirect, incidental or consequential loss or damage of any kind or nature,     
howsoever arising, from the use of SENS or the use of, or reliance on,          
information disseminated through SENS.                                         
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