African Equity Empowerment Investments Limited provided earnings guidance for the six month period ended 29 February 2020. Accordingly, the Board of directors is satisfied that a reasonable degree of certainty exists that the Company expects that the Group's basic earnings per share for the six month period ended 29 February 2020 will be between 4.74 cents and 19.69 cents per share, compared to the restated 74.76 cents in the prior corresponding period representing a decrease in basic earnings per share of between 73% and 93%. The Company also expects that the Group's headline earnings per share for the six month period ending 29 February 2020 will be between 10.53 cents and 14.06 cents per share, compared to the restated 17.64 cents in the prior corresponding period representing a decrease in headline earnings per share of between 20% and 40%.