Results for the half year ended December 31 2008
| |
| |
| | | | | |
            Basic earnings   Headline earnings   Distributions  
to R60,0 billion
  Trading profit
to R2,6 billion
  per share
to 530,4 cents
  per share
to 454,0 cents
  per share
to 190,0 cents
                      (Based on closing price of February 26 2009)      

Basis of presentation of financial statements
The financial statements have been prepared in accordance with the recognition and measurement requirements of International Financial Reporting Standards (IFRS) and the presentation and disclosure requirements of IAS34 – Interim Reporting. The accounting policies are consistent with those of the prior year.

These financial statements have not been reviewed or audited by the Group’s auditors.

No material events occurred between Decemeber 31 2008 and the date of this interim report. There has been no material change in the Group’s contingent liabilities since the last financial year end.

Certain operations have been transferred to other segments. Comparative results have been restated

Analyst presentation
The presentation to investors will be available on the Bidvest website from 10:00 on March 2 2009.

The Bidvest Group Limited
Incorporated in the Republic of South Africa (“Bidvest” or “the Group” or “the Company”)


Chairman: MC Ramaphosa

Independent non-executive: DDB Band, S Koseff,
D Masson, JL Pamensky, NG Payne, Adv FDP Tlakula

Non-executive: LG Boyle*, AA Da Costa (alternate
LJ Mokoena), MBN Dube, RM Kunene, T Slabbert

Executive: B Joffe (Chief executive),
FJ Barnes*, BL Berson**, MC Berzack,
DE Cleasby, AW Dawe, LI Jacobs, P Nyman,
SG Pretorius, LP Ralphs, AC Salomon
(*British **Australian)

Company Secretary
DE Cleasby

Transfer secretaries
Link Market Services South Africa (Pty) Limited
11 Diagonal Street, Johannesburg, 2001, South Africa
PO Box 4844, Johannesburg, 2000, South Africa

Registered office
Bidvest House, 18 Crescent Drive, Melrose Arch
Melrose, Johannesburg, 2196, South Africa
PO Box 87274, Houghton, Johannesburg, 2041, South Africa

Registration number 1946/021180/06
Share code: BVT    ISIN: ZAE000050449