Montauk Holdings Limited provided earnings guidance for the year ended March 31, 2018. Shareholders are hereby advised that a reasonable degree of certainty exists that for the year ended 31 March 2018, the company will report basic earnings per share of between 18.03 and 14.92 US cents, being a decrease of between 42.0% and 52.0% as compared to the prior year basic earnings per share of 31.08 cents. Headline earnings per share is expected to be between 17.97 and 14.76 cents, being a decrease of between 44.0% and 54.0% as compared to the prior year headline earnings per share of 32.08 cents. Basic and headline earnings per share in the prior year included a deferred tax income item in the amount of USD 26.8 million that was recorded as a result of the recognition of a deferred tax asset of the same amount. The current year basic and headline earnings per share includes a deferred tax expense of USD 14.7 million, resulting from income utilisation of the company's deferred tax asset and statutory tax rate reductions in accordance with the United States 2017 Tax Cuts and Jobs Act.