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Sep
19
2008
 
PPC - Pretoria Portland Cement Company - Industry Cement Volumes
 

Pretoria Portland Cement Company Limited. Incorporated in the Republic of South Africa

Co. registration no: 1892/000667/06 JSE Code: PPC ISIN: ZAE000096475

 

"PPC" or "the company” wishes to inform shareholders and the market about industry cement volumes as announced

on the JSE this morning, as follows;

 

Industry Cement Volumes

When PPC announced its mid-year results in May 2008, it was indicated that regional sales volumes were marginally up on the previous corresponding period. PPC also advised that it had revised its expectation for the regional cement demand volume growth for the full financial year downwards, to between 2% and 4%. Industry regional cement sales volumes for PPC`s financial year to date have recently steadied at a level of around 1.8% to 2% below the previous corresponding period.

 

The abnormally wet weather conditions in the Cape region during the last 3 months, which have continued into September, have negatively impacted on construction activity and consequently cement demand. This has had a disproportionate effect on PPC cement sales but despite this, indications are that PPC`s regional cement sales volumes for the full year are likely to be at about the same level as those of the prior year.;

 

We refer you to the Eastern and Western Cape industry sales per day bar charts on pages 5 and 6 in the August 2008 edition of PPC`s Cement Sales Monitor on the PPC website

This statement has not been audited or reviewed by the company`s auditors.

Regards,

Nomzamo Basson

(Office tel) 011 386 9309

E-mail:nomzamo.basson@ppc.co.za

 
 
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