TRANS HEX"S FIRST ANGOLAN DIAMOND SALES

TRANS HEX"S FIRST ANGOLAN DIAMOND SALES                                         
Trans Hex Group Limited                                                         
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1963/007579/06)                                           
JSE code: TSX                                                                   
ISIN: ZAE000018552                                                              
("Trans Hex" or "the Group")                                                    
Trans Hex has concluded the first sales from the Luarica operation in Angola,   
having commenced mining in April of this year.  20 000 carats were sold at an   
average price in excess of US 300 dollars per carat.  The parcel included 25    
stones larger than 10 carats, the largest of which was a 76 carat white stone.  
Trans Hex"s CEO Calvyn Gardner commented:                                       
"We are pleased to have earned our first revenue from Luarica less than a year  
after signing our joint venture agreement with Endiama.  Prices achieved were in
line with expectations and confirm our belief that Luarica is a world class     
deposit".                                                                       
End                                                                             
Notes to Editors:                                                               
Trans Hex is a world leader in the exploration, mining and marketing of high    
quality alluvial diamonds from both land and sea operations. The company        
operates mines alongside the mid and lower Orange Rivers and off the South      
African and Namibian coasts and in Angola.                                      
The Group concluded a joint venture agreement with the Angolan State Diamond    
Organisation, Endiama, in September 2002 to mine the Luarica concession. The    
Group has a 35% share in the project.                                           
Trans Hex produces `conflict free" diamonds and is a signatory to the Kimberley 
Process Certification scheme which is aimed at eliminating trade in `conflict"  
diamonds.                                                                       
Enquiries:                                                                      
Trans Hex Group Ltd                021 937 2000                                 
Calvyn Gardner                     082 444 3370                                 
College Hill                       011 447 3030                                 
Nick Williams                      083 607 0761                                 
Johannes van Niekerk               082 921 9110                                 
31 July 2003                                                                    
Merchant bank and sponsor                                                       
RAND MERCHANT BANK                                                              
A division of FirstRand Bank Limited                                            
CORPORATE FINANCE                                                               
Date: 31/07/2003 11:04:05 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department