TRADING STATEMENT

Trans Hex is currently finalising its results for the year ended 31 March 2007 which should be released on SENS on 29 May 2007.

Profit for the year is expected to be R42 million compared to a loss of R119 million reported for the previous year. The Group is expecting to report earnings per share of 39.4 cents (2006: loss per share of 112,7 cents) and headline earnings per share of 21.1 cents (2006 : 29,9 cents). Lower levels of production from the Angolan mining operations negatively impacted the results.

The financial information on which this trading statement is based has not been reviewed and reported on by the Company’s auditors.

Cape Town
21 May 2007

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)