/ 7 December 2000

JOHNNIC EARNINGS SOAR

SOUTH African media and telecoms group Johnnic Holdings has reported higher interim headline earnings per share (eps) and said it expected continued growth in telecommunications revenues to boost its earnings. Johnnic reported a 138% increase in headline EPS to 191 cents for the six months ended September 30, 2000, compared to a previous 91 cents. Earnings were lifted by a strong performance from the telecommunications division. – Reuters