Assore Limited - Trading Update

Assore Limited - Trading Update                                                 
Assore Limited                                                                  
(Incorporated in the Republic of South Africa)                                  
(Registration number 1950/037394/06)                                            
Share code:  ASR                                                                
ISIN:  ZAE000017117                                                             
("the Assore group")                                                            
Shareholders are advised that the Assore group has continued to benefit from    
positive market conditions since the interim earnings announcement, particularly
with respect to sales volumes and prices for manganese ore and manganese alloys.
As a result headline and attributable earnings for the year to 30 June 2005 are 
anticipated to be between R400,0 million and R420,0 million (year ended 30 June 
2004: headline earnings were R163,4 million and attributable earnings were      
R169,6 million).                                                                
The above earnings forecast information has not been reviewed or reported on by 
the Assore group"s auditors.                                                    
The final results for the year ending 30 June 2005 are expected to be published 
by the middle of September 2005.                                                
Illovo                                                                          
Johannesburg                                                                    
23 May 2005                                                                     
Contact details:                                                                
Celine Stemmett                                                                 
Switchboard: (+27 11) 770 6800                                                  
Direct line:  (+27 11) 770 6948                                                 
Email: celinestemmett@assore.com                                                
Sponsor                                                                         
Standard Bank                                                                   
Date: 23/05/2005 03:52:15 PM Supplied by www.sharenet.co.za                     
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