MTX - Metorex Limited - Major subsidiary directors` dealings

MTX - Metorex Limited - Major subsidiary directors` dealings                    
METOREX LIMITED                                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number 1934/005478/06)                                            
JSE code: MTX                                                                   
ISIN: ZAE000022745                                                              
Issuer code: MEMTX                                                              
(`Metorex`)                                                                     
MAJOR SUBSIDIARY DIRECTORS` DEALINGS                                            
In compliance with paragraph 3.63 to 3.74 of the Listings Requirements of the   
JSE Limited, we hereby advise the following dealings by a director of a major   
subsidiary, in Metorex`s securities:                                            
Name of major subsidiary director         Mr Charles Needham                    
Category of director                      Director of major                     
                                         subsidiary                             
Date of transaction                       3 March 2010                          
Nature of transaction                     Sale of shares                        
Number of securities                      600 000                               
Price of securities                       465 cents                             
Total value of securities                 R2,790,000                            
Reason for transaction                    Liquidity for                         
                                         purposes of                            
                                         following rights in                    
Metorex partial claw                   

                                         back offer                             
Class of securities                       Ordinary shares                       
Interest                                  Direct beneficial                     
Clearance in terms of paragraph 3.66 of   Yes                                   
the Listings Requirements of the JSE                                            
                                                                                
Johannesburg                                                                    
9 March 2010                                                                    
Sponsor:                                                                        
Barnard Jacobs Mellet Corporate Finance (Proprietary) Limited                   
Date: 09/03/2010 17:42:01 Supplied by www.sharenet.co.za                     
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