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Trans Hex Group Limited - Trading statement

Release Date: 06/11/2006 16:50
Code(s): TSX
Wrap Text

Trans Hex Group Limited - 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 Trans Hex is currently finalising its results for the six months ended 30 September 2006 ("the period"), which should be released on SENS on 14 November 2006. Profit for the period is expected to be R3 million compared to a loss of R98 million reported for the corresponding reporting period of the previous year. The Group is expecting to report earnings per share of 2,6 cents (2005: loss per share of 92,6 cents) and headline earnings per share of 7,5 cents (2005: 46,9 cents). Average rough diamond prices were 8% lower compared to the corresponding reporting period of the previous year. This together with lower sales volumes and the loss of production as a result of rain at the Group"s flagship Lower Orange River operations are the main contributors to the lower headline earnings. The financial information on which this trading statement is based has not been reviewed and reported on by the Company"s auditors. Cape Town 6 November 2006 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 06/11/2006 04:50:04 PM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

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