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")                                                            
TRADING UPDATE                                                                  
Shareholders are advised that the Assore group has continued to benefit from    
positive market conditions since the trading statement issued on 23 May 2005,   
particularly with respect to sales volumes for manganese ore and manganese      
alloys and the effects of the weakening rand against the US dollar.             
As a result, both headline and attributable earnings for the year to            
30 June 2005 are anticipated to be between R500,0 million and R520,0 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 ended 30 June 2005  
are expected to be published before the middle of September 2005.               
Illovo                                                                          
Johannesburg                                                                    
3 August 2005                                                                   
Contact details:                                                                
Celine Stemmett                                                                 
Switchboard: (+27 11) 770 6800                                                  
Direct line:  (+27 11) 770 6948                                                 
Email: celinestemmett@assore.com                                                
Sponsor                                                                         
Standard Bank                                                                   
Date: 03/08/2005 05:26:52 PM Supplied by www.sharenet.co.za                     
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