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TRANS HEX - FURTHER CAUTIONARY ANNOUNCEMENT

Release Date: 11/05/2001 07:12
Code(s): TSX
Wrap Text
Trans Hex Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1963/007579/06)
("Trans Hex")
Mvelaphanda Diamonds
(Proprietary)Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/025635/07)
("Mvela Diamonds")
Further cautionary announcement

Further to the last cautionary announcement dated 30 March 2001, Trans Hex shareholders are advised that negotiations are still in progress which, if successfully concluded, may have a material effect on the price of Trans Hex shares. Accordingly, Trans Hex shareholders are advised to continue exercising caution when dealing in Trans Hex shares until a further announcement is made. Johannesburg 11 May 2001 Joint merchant banks to Mvela Diamonds Standard Corporate and Merchant Bank (A Division of The Standard Bank of South Africa) (Registration number 1962/000738/06) RMB Resources Sponsor Rand Merchant Bank Corporate Finance A Division of FirstRand Bank Limited

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