TRANS HEX/GEM - RESULTS OF SCHEME MEETING

TRANS HEX GROUP LIMITED
(INCORPORATED IN THE REPUBLIC OF SOUTH AFRICA)
(REGISTRATION NUMBER 1963/007579/06)
("TRANS HEX")
GEM DIAMOND MINING CORPORATION LIMITED
(INCORPORATED IN THE REPUBLIC OF SOUTH AFRICA)
(REGISTRATION NUMBER 1986/004840/06)
("GEM")
RESULTS OF SCHEME MEETING

FURTHER TO THE ANNOUNCEMENT DATED FRIDAY, 31 MARCH 2000, SHAREHOLDERS OF TRANS
HEX AND GEM ARE ADVISED THAT AT THE SCHEME MEETING HELD ON TUESDAY, 25 APRIL
2000, THE SCHEME OF ARRANGEMENT PROPOSED BY TRANS HEX IN TERMS SECTION 311 OF
THE COMPANIES ACT, 1973 (ACT 61 OF 1973), AS AMENDED, BETWEEN GEM AND ITS
ORDINARY SHAREHOLDERS ("THE SCHEME"), WAS APPROVED BY THE REQUIRED MAJORITY OF
GEM SHAREHOLDERS PRESENT AND VOTING AT THE SCHEME MEETING IN PERSON OR BY PROXY
THE SCHEME IS SUBJECT TO THE SANCTION OF THE HIGH COURT OF SOUTH AFRICA
(WITWATERSRAND LOCAL DIVISION) ("THE COURT") AND TO THE ORDER OF COURT BEING
LODGED WITH AND REGISTERED BY THE REGISTRAR OF COMPANIES. THE COURT HEARING TO
SANCTION THE SCHEME WILL BE HELD AT 10:00 OR SO SOON THEREAFTER AS COUNSEL MAY
BE HEARD ON TUESDAY, 9 MAY 2000 AT THE HIGH COURT BUILDING, VON BRANDIS SQUARE,
PRITCHARD STREET, JOHANNESBURG.

THE SCHEME IS EXPECTED TO BECOME OPERATIVE ON MONDAY, 15 MAY 2000. GEM
SHAREHOLDERS ARE REMINDED TO SURRENDER THEIR DOCUMENTS OF TITLE IN TERMS OF THE
SCHEME. IF THE SCHEME BECOMES OPERATIVE ON MONDAY, 15 MAY 2000, THE SCHEME
CONSIDERATION WILL BE POSTED OR MADE AVAILABLE FOR COLLECTION FROM THAT DATE
FOR THOSE GEM SHAREHOLDERS WHO SURRENDER THEIR DOCUMENTS OF TITLE ON OR PRIOR
TO THAT DATE. FOR THOSE GEM SHAREHOLDERS WHO SURRENDER THEIR DOCUMENTS OF TITLE
AFTER MONDAY, 15 MAY 2000, THE SCHEME CONSIDERATION WILL BE POSTED OR MADE
AVAILABLE FOR COLLECTION, WITHIN SEVEN BUSINESS DAYS AFTER THE SURRENDER OF
THEIR DOCUMENTS OF TITLE IN TERMS OF THE SCHEME.
JOHANNESBURG
25 APRIL 2000
FINANCIAL ADVISER TO TRANS HEX
DEUTSCHE BANK SECURITIES (SA) (PTY) LIMITED
(REGISTRATION NUMBER 1995/011798/07)
CORPORATE LAW ADVISERS AND CONSULTANTS
EDWARD NATHAN & FRIEDLAND (PTY) LTD
(REGISTRATION NUMBER 1999/026464/07)

MERCHANT BANK TO GEM AND INDEPENDENT ADVISER TO SCHEME MEMBERS
BOE MERCHANT BANK
A DIVISION OF BOE BANK LIMITED
CO. REG. NO. 1951/000847/06
ATTORNEYS TO THE SCHEME
BRINK COHEN LE ROUX & ROODT INC ATTORNEYS
(REGISTRATION NUMBER 93/04501/21)

SPONSORING BROKER TO TRANS HEX BROKERS TO GEM (IN SOUTH AFRICA)
DEUTSCHE BANK SECURITIES (PTY) LTD
(REGISTRATION NUMBER 1973/006709/07)
MEMBER OF THE JOHANNESBURG STOCK EXCHANGE
SPONSORING BROKER TO TRANS HEX (IN NAMIBIA)
JOLYON IRWIN
MEMBER OF THE NSX
IJG  PTY LTD
JOINT SPONSORING BROKERS
BOE SECURITIES (PTY) LTD
MEMBER OF THE JOHANNESBURG STOCK EXCHANGE
CO. REG. NO. 1996/015589/07
BARNARD JACOBS MELLET * SECURITIES (PTY) LTD.
MEMBER OF THE JOHANNESBURG STOCK EXCHANGE
(REGISTRATION NUMBER 1987/000175/07)