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Petmin sees FY headline EPS about 15 cents/share, up 184 pct.

Europe Intelligence Wire

| September 10, 2008 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From AFX UK (Focus))

LONDON (Thomson Financial) - Petmin Ltd. said its headline earnings per share for full-year to June 30, are expected to be around 15 cents per share, showing an increase of 184 percent.

The South Africa-based miner said its basic earnings per share for the year are expected to be greater than 70 cents per share, from 16.14 cents per share last year, up 334 percent.

The difference between the headline and basic earnings per share is due to the IFRS fair value valuation on acquisition of 25 percent of Veremo Holdings Ltd., resulting in a share of …

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