LBH
LBH                                                                             
LBH - Liberty Holdings Limited - Trading statement in terms of paragraph 3.4 (b)
of the JSE Listings Requirements                                                
LIBERTY HOLDINGS LIMITED                                                        
Registration number 1968/002095/06                                              
Incorporated in the Republic of South Africa                                    
Share code: LBH                                                                 
ISIN code: ZAE0000127148                                                        
("Liberty Holdings" or "the Company")                                           
TRADING STATEMENT IN TERMS OF PARAGRAPH 3.4 (b) OF THE JSE LISTINGS REQUIREMENTS
The following statement is made with reference to paragraph 3.4 (b) of the JSE  
Listings Requirements and the company`s SENS announcement dated 13 May 2010.    
The Directors are satisfied that a reasonable degree of certainty exists that   
Liberty Holdings` headline earnings per share and basic earnings per share      
attributable to ordinary shareholders for the six months to 30 June 2010 will be
between 325c and 400c per share, compared to the loss per share of 483.3c and   
the headline loss per share of 421.9 for the prior corresponding period.        
Shareholders are advised that this information has neither been audited nor     
reviewed by the Company`s independent auditors.                                 
27 July 2010                                                                    
Sponsor:                                                                        
Merrill Lynch South Africa (Pty) Limited                                        
Date: 27/07/2010 16:55:01 Produced by the JSE SENS Department.                  
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