Trans Hex Group Limited - Resignation Of CEO

Trans Hex Group Limited - Resignation Of CEO                                    
Trans Hex Group Limited                                                         
("Trans Hex" or "the Group")                                                    
Share code JSE:          TSX and NSX:THX                                        
ISIN Code:               ZAE000018552                                           
TRANS HEX ANNOUNCES RESIGNATION OF CEO                                          
Shareholders are advised that Calvyn Gardner has resigned as CEO of Trans Hex   
with effect from 1 January 2004 to pursue a career as an independent consultant 
to the diamond industry, based in Angola.                                       
Mr Gardner will continue to advise the Group on the development of its Angolan  
operations.                                                                     
Altie Krige, Executive Director Land Operations, will continue to have full     
responsibility for managing the Group"s land and marine operations and          
exploration activities.                                                         
A nominations committee comprising non-executive deputy chairman Bernard van    
Rooyen and non-executive directors Emil Buhrmann and Alwyn Martin have been     
appointed to nominate a successor to Mr Gardner.                                
Messrs Van Rooyen, Buhrmann and Martin have also joined the Group"s executive   
committee until a new CEO has been appointed.                                   
The Group remains committed to increasing production levels from existing       
operations and adding to reserves through exploration activities, acquisitions  
and strategic alliances.                                                        
Trans Hex Deputy Chairman, Bernard van Rooyen commented: "We will continue to   
develop our operations for the benefit of all our stakeholders. Our vision      
remains to be a world-class player in the exploration and mining of high-quality
diamonds. We thank Calvyn for his contribution to the growth of the Group and   
look forward to working with him in his new capacity."                          
Calvyn Gardner commented: "I"m excited to continue working with Trans Hex in    
developing its top-quality deposits in Angola."                                 
ENDS                              Parow, December 17th 2003                     
Enquiries:                                                                      
Trans Hex Group Limited                                                         
Bernard van Rooyen, Deputy         Tel: 082 659 1421                            
Chairman                                                                        
Calvyn Gardner, Chief Executive    Tel: 082 444 3370                            
College Hill South Africa          Tel: 011 447 3030                            
Johannes van Niekerk                                                            
Sam Denoon-Stevens                                                              
Date: 17/12/2003 09:56:03 AM Supplied by www.sharenet.co.za                     
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