Bloomberg News

Exxaro Resources, Life Healthcare: South African Equity Preview

June 06, 2011

June 6 (Bloomberg) -- The following is a list of companies whose shares may have unusual price changes in South Africa. Stock symbols are in parentheses after company names and prices are from the last close.

South Africa’s FTSE/JSE Africa All Share Index lost 302.12, or 1 percent, to 31,575.65 in Johannesburg, extending its drop in the week to 2.5 percent.

Exxaro Resources Ltd. (EXX SJ): Workers at the South African coal miner may strike after the company decided to go ahead with a plan to fire 300 workers, a labor union said. Exxaro shares increased 20 cents, or 0.1 percent, to 153.95 rand.

Life Healthcare Group Holdings Ltd. (LHC SJ): Old Mutual Life Assurance Company Ltd. said it reduced its holding in Life Healthcare by 5 percent to 103 million shares, representing about 10 percent of voting rights in the company. Life Healthcare shares rose 16 cents, or 1 percent, to 16.75 rand.

The following stocks will begin trading without the right to the latest dividends:

Atlantic Enhanced Income Fund (ATLENHA SJ), Atlantic Real Income Fund (ATREINA SJ), Barloworld Ltd. (BAW SJ), Catalyst SA Property Equity Fund (CATSAPA SJ), Ceramic Industries Ltd (CRM SJ), Combined Motor Holdings Ltd (CMH SJ), Coronation Fund Managers Ltd (CML SJ), Gold Reef Resorts Ltd (GDF SJ), MAS Plc (MSP SJ), PSG Alphen Equity Builder Fund (PSGAEBA SJ), PSG Alphen Income Fund of Funds (PSGGILT SJ), PSG Alphen Prudential Fund of Funds (APPRFOF SJ), PSG Konsult Income Fund of Funds (PSGADWI SJ), PSG Optimal Income Fund (PSGALPO SJ), PSG Preferred Dividend Fund (PSGPREF SJ), Pick n Pay Stores Ltd (PIK SJ), Pick’n Pay Holdings Ltd (PWK SJ), Plexus Flexible Income Fund (PLEXFLI SJ), Pretoria Portland Cement Co. (PPC SJ), Raubex Group Ltd (RBX SJ), SA French Ltd (SFH SJ), Spar Group Ltd. (SPP SJ).

Shares or American depositary receipts of the following South African companies closed as follows:

Anglo American Plc (AAUKY US) fell 0.4 percent to $24.08. AngloGold Ashanti Ltd. (AU US) advanced 1 percent to $45.44. BHP Billiton Plc (BBL US) dropped 1.5 percent to $75.60. DRDGold Ltd. (DROOY US) declined 3.1 percent to $5. Gold Fields Ltd. (GFI US) slid 0.9 percent to $15.90. Harmony Gold Mining Co. (HMY US) rose 1.4 percent to $14.15. Impala Platinum Holdings (IMPUY US) dropped 2.6 percent to $27.20. Sappi Ltd. (SPP US) was unchanged at $5.33. Sasol Ltd. (SSL US) declined 2.1 percent to $51.57.

--Editors: Mark McCord, David McQuaid

To contact the reporter responsible for this story: Nasreen Seria in Johannesburg at nseria@bloomberg.net.

To contact the editors responsible for this story: Andrew J. Barden at barden@bloomberg.net


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