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Trans Hex - Trading Statement

Release Date: 01/04/2005 13:46
Code(s): TSX
Wrap Text

Trans Hex - Trading Statement Trans Hex Group Limited (Incorporated in the Republic of South Africa) (Registration number 1963/007579/06) Share Code: TSX ISIN ZAE000018552 ("Trans Hex" or "the Company) TRADING STATEMENT The following Trading Statement has been issued in compliance with the Listing Requirements of the JSE Securities Exchange South Africa. The Company is currently finalising its results for the year ended 31 March 2005, which should be released before the end of May 2005. In this regard, shareholders are advised that earnings per share and headline earnings per share will be between 45% and 65% lower than the corresponding reporting period of the previous year. Approximately two thirds of this impairment is attributable to the strengthening rand exchange rate and the remainder to increased exploration activities. Trans Hex is in a growth phase but expenses all exploration expenditure. The forecast financial information on which this trading statement is based has not been reviewed and reported on by the Company"s auditors. Cape Town 1 April 2005 Merchant bank and sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) CORPORATE FINANCE Date: 01/04/2005 01:46:02 PM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

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