ELLIES PAYS MAIDEN DIVIDEND

Tuesday, 20 July: Ellies Holdings Limited (“Ellies”) today announced its annual results for the year ended 30 April 2010.

Financial Highlights                                                              
• Revenue up 18%
• Profit after tax up 9%
• EPS of 26.19 cents
• HEPS of 25.96 cents
• NAV per share 170.43 cents
• Cash from operations improved by R68.1m
• Dividend of 5c per share 

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Welcome to Ellies Holdings

Ellies is presently the largest manufacturer, importer, wholesaler and distributor in Southern Africa of television reception-related products as well as domestic electronic and audio products. The group is also a leading importer of associated products.

Ellies listed on the JSE’s Alternative Exchange (AltX) on 5 September 2007.

Setting the group apart from its competitors Ellies prides itself in controlling products from packaging through marketing to sales and distribution of both its own manufactured and imported products.

The group has twelve key operations with products ranging from terrestrial antennae and satellite equipment to television, audio, domestic electrical and telephone accessories. Head office is based in Johannesburg. A further nine branches are situated in all major metropolitan areas in Southern Africa, occupying office space of over 83 000m².

Ellies has become a leading brand name on the continent in television and satellite accessories and associated hardware. Further, the group has many agents and customers throughout Africa.

Visit our Ellies site www.ellies.co.za

Ellies