HWN
HWN                                                                             
HWN - Howden Africa Holdings Limited - Trading update                           
Howden Africa Holdings Limited                                                  
(Incorporated in the Republic of South Africa)                                  
(Registration number 1996/002982/06)                                            
Share code: HWN                                                                 
ISIN: ZAE000010583                                                              
("HAHL" or "the Company")                                                       
Trading update                                                                  
In terms of the Listings Requirements of the JSE Limited, companies are required
to publish a trading statement as soon as they become reasonably certain that   
the financial results for the period to be reported on will be more than 20%    
different from that of the previous corresponding period.                       
Shareholders are advised that, we expect earnings and headline earnings per     
share from continuing operations to be in the range of between 184.00 cents and 
205.10 cents for the year to 31 December 2011, which compares with the earnings 
and headline earnings per share of 105.52 cents and 105.85 cents respectively   
from continuing operations for the year ended 31 December 2010.                 
The much improved results reflect the significantly better market conditions    
experienced by both the Fan and Heat Exchanger Division and the Environmental   
Control Division, and efficiency gains across the business. The improvement was 
particularly apparent in the second half of the year.                           
The financial information on which this trading statement is based has not been 
reviewed or reported on by HAHL`s auditors. The results for the year ended 31   
December 2011 are expected to be published on or about 4 March 2012.            
27 January 2012                                                                 
Sponsor                                                                         
PricewaterhouseCoopers Corporate Finance (Proprietary) Limited (Registration    
number 1970/003711/07)                                                          
Date: 27/01/2012 16:30:01 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.