MANAGEMENT CHANGES ON BOARD TRANS HEX

TRANS HEX GROUP LIMITED
MANAGEMENT CHANGES ON-BOARD TRANS HEX

INCREASING FOCUS ON CORPORATE AND MARINE ACTIVITIES HAS PROMPTED A NUMBER OF
SENIOR MANAGEMENT CHANGES WITHIN DIAMOND MINING AND EXPLORATION GROUP TRANS HEX
INCLUDING THE STEPPING-DOWN OF NIEL HOOGENHOUT AS GROUP MANAGING DIRECTOR OF
THE SOUTH AFRICAN OPERATION.

PRESENTLY RESIDENT IN TORONTO AND MANAGING THE ACTIVITIES OF TRANS HEX
INTERNATIONAL, HOOGENHOUT WILL - FROM APRIL 1ST - CONCENTRATE ON THE NON-SOUTH
AFRICAN CORPORATE ACTIVITIES OF THE GROUP.

"NIEL HAS BEEN WITH US SINCE 1981 AND HAS MADE MANY SACRIFICES FOR THE
BETTERMENT OF THE COMPANY. THE CONTINUED CORPORATE ACTIVITY IN SOUTH AFRICA HAS
NECESSITATED LONG ABSENCES FROM HIS FAMILY AND WE FULLY UNDERSTAND HIS DESIRE
TO SPEND MORE TIME CLOSER TO HOME," EXPLAINS TRANS HEX CHAIRMAN BERNARD VAN
ROOYEN.

"WE ARE EXTREMELY FORTUNATE NOT TO LOSE HIM ENTIRELY AND LOOK FORWARD TO HIS
CONTINUING PARTICIPATION ON THE BOARD AS A NON-EXECUTIVE DIRECTOR OF TRANS HEX
GROUP. HE WILL CONTINUE HIS ROLE AS PRESIDENT AND CHIEF EXECUTIVE OFFICER OF
TRANS HEX INTERNATIONAL," HE ADDS.

VAN ROOYEN, A VETERAN OF THE SOUTH AFRICAN CORPORATE WORLD WITH VAST MINING
EXPERIENCE, WILL HAVE INCREASED INVOLVEMENT IN THE DAY-TO-DAY MANAGEMENT OF THE
BUSINESS.

IN FURTHER DEVELOPMENTS, THE ADVANCED STAGE OF THE BENGUELA CONCESSIONS (BENCO)
MERGER HAS RENEWED EMPHASIS FOR MARINE EXPERIENCE WITHIN THE GROUP. ANDRE LOW,
A GEOLOGIST BY PROFESSION AND HIGHLY-RESPECTED WITHIN MARINE MINING CIRCLES,
HAS JOINED THE COMPANY WITH IMMEDIATE EFFECT AS EXECUTIVE DIRECTOR RESPONSIBLE
FOR MARINE OPERATIONS. HE BRINGS A WEALTH OF KNOWLEDGE AND WILL BE RESPONSIBLE
FOR TAKING THE MARINE DIVISION TO NEW HEIGHTS.

THE INCORPORATION OF BENCO'S CONCESSIONS, TOGETHER WITH A NUMBER OF INNOVATIVE
RESEARCH AND DEVELOPMENT PROJECTS CURRENTLY UNDERWAY WHICH MAY PROVE SUITABLE
FOR SHALLOW-WATER OPERATIONS, ARE EXCITING DEVELOPMENTS FOR THE PREVIOUSLY
UNDER-EXPLOITED DIVISION.

LOCALLY, THERE WILL BE LITTLE CHANGE FROM A MANAGEMENT PERSPECTIVE. ALL LAND &
MARINE MINING AND EXPLORATION ACTIVITIES WILL REMAIN UNDER THE STEWARDSHIP OF
MANAGING DIRECTOR - OPERATIONS, PETER DANCHIN.

THE COMPANY'S PERFORMANCE IS ABOVE EXPECTATIONS AND THE RECENT ANNOUNCEMENT OF
A R120-MILLION PLANT EXPANSION AT BAKEN - TRANS HEX'S FLAGSHIP ORANGE RIVER
OPERATION - IS SET TO ENSURE THAT FAVOURABLE RESULTS CONTINUE.

"WHILE WE ARE SAD TO SEE NIEL GO, ANDRE'S ARRIVAL COUPLED WITH OTHER CORPORATE
DEVELOPMENTS ENSURES THE FUTURE HOLDS GREAT PROMISE FOR TRANS HEX," CONCLUDES
VAN ROOYEN.
ENDS.

FOR FURTHER INFORMATION : BERNARD VAN ROOYEN (011) 476-5031
NIEL HOOGENHOUT (021) 939-1105
ISSUED BY : CULLUM JOHNSTON
BHA COMMUNICATIONS
TEL : (021) 683-2685 / 083 212-2455
DATE : 14TH FEBRUARY 2000