Interim Management Statement


 
TIDMMGL 
 
Marshall Monteagle Holdings S.A. 
 
                (Incorporated in Luxembourg. R.C. No. B 19600) 
 
                               ISIN LU0035797272 
 
                                                             Registered Office 
 
                                                             58 rue Charles 
                                                             Martel, 
 
16th August 2010                                             L-2134 Luxembourg 
 
 
 
       Interim Management Statement for the quarter ended 30th June 2010 
 
We are pleased to announce that turnover for the nine months ended 30th June 
2010 has increased to US$124 million from US$86 million last year, an increase 
of 44%. On a constant currency basis the increase in turnover is 22% and 
reflects a very active trading period by our operations. 
 
Rental income from our portfolio of investment properties in South Africa 
remains stable with good occupancy rates, however vacancies are still 
relatively high at our property in California and the leasing market there 
remains challenging. 
 
Our blue chip investment portfolios were obviously affected by the 10% plus 
correction in first world equity markets during the quarter, and we believe the 
economic uncertainty that prevails will continue to create volatility in the 
near term. We continue to hold a diverse portfolio of quality companies in 
first world markets and have cash reserves to capitalise on any future buying 
opportunities. 
 
Despite the volatile equity and currency markets we are confident that we can 
continue to enhance shareholder value in the foreseeable future. 
 
 
 
END

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