HWW
HWW                                                                             
HWW - Hardware Warehouse - Trading Statement                                    
HARDWARE WAREHOUSE LIMITED                                                      
Incorporated in the Republic of South Africa                                    
(Registration number: 2007/004302/06)                                           
Share code: HWW    ISIN: ZAE000104253                                           
("Hardware" or "the company" or "the group")                                    
TRADING STATEMENT                                                               
In terms of the Listings Requirements of JSE Limited ("the Listings             
Requirements"), 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 differ by more than 20% from either the previous corresponding 
period or from a profit forecast previously published covering the period to be 
reported on.                                                                    
Accordingly, a review of the financial results for the year ended 30 June 2009  
by management has indicated that earnings per share and headline earnings per   
share of Hardware are expected to be between 9.9 cents and 13.8 cents compared  
to the earnings per share and headline earnings per share of 19.5 cents as per  
the profit forecast for the year ended 30 June 2009 included in the Hardware    
prospectus issued on 18 September 2007.                                         
Higher than anticipated revenues in the Hardware Warehouse Division along with  
good revenues from the newly acquired On-Tap Division resulted in higher overall
2009 revenues than 2008. The Hardware Warehouse retail stores, the Group`s core 
business, performed well overall and EBITDA for this division has increased by  
approximately 10% from 2008. However, strategically increased overheads, the    
economic downturn experienced in the second half of this financial period, and  
lower than budgeted profits from the On-Tap Division, have resulted in lower    
than anticipated profits for the group for the 2009 financial year. The group   
will continue to give attention to the benefits envisaged at the time of the On-
Tap Division acquisition, especially the two new stores, which have still to    
become profitable.                                                              
The financial information on which this trading statement is based has not been 
reviewed or reported on by Hardware`s auditors. Hardware`s year-end financial   
results are expected to be released on SENS on or about 17 September 2009.      
Johannesburg                                                                    
10 September 2009                                                               
Designated Adviser                                                              
Merchantec (Proprietary) Limited                                                
Date: 10/09/2009 13:00:01 Produced by the JSE SENS Department.                  
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