African Oxygen Ltd. announced that in respect of the six month trading period ended June 30, 2012, basic earnings per share are expected to be between 230% and 250% higher; and headline earnings per share are expected to be between 3% and 5% higher than those of the comparative period ended June 30, 2011. These increases are primarily derived from the consequences of the significant impairments provided against the carrying value of property, plant and equipment in the comparative period.