TRADING STATEMENT

TRANS HEX GROUP LIMITED
Incorporated in the Republic of South Africa
Registration number (1963/007579/06)
Share code: TSX
ISIN: ZAE000018552
("Trans Hex" or “the Company” or “the Group”)

TRADING STATEMENT
Trans Hex is currently finalising its results for the six months ended 30 September 2009 (“the period”), which should be released on SENS on 10 November 2009.

The profit for the period is expected to be R9 million compared to a loss of R64 million for the previous corresponding reporting period.

The Group is expecting to report earnings per share for continuing operations of 9,7 cents (Sep 2008: loss of 53,0 cents) and headline earnings per share of 9,1 cents (Sep 2008: headline loss of 52,0 cents).

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

COMMENTS
The following salient points will be fully reported upon, when the Group releases its results:

•    following the drop in diamond prices and demand during the previous financial year due to the global economic crisis, prices for Trans Hex production have since strengthened, and all available production has been sold;
•    stringent cost management has resulted in substantial reductions in cash operating costs against the previous comparative period;
•    effective cash generation by the Group’s operations has resulted in net cash flow increasing from a net outflow of R97 million to a net inflow of R42 million;
•    the Group had a net cash position at the end of the period of R247 million (Sep 2008: R97 million).

Cape Town
2 November 2009

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

Namibian Sponsor
IJG CORPORATE FINANCE (PTY) LTD