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TSX - Trans Hex Group Limited - Trading statement TRANS HEX GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number 1963/007573/06) 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 2007 ("the period"), which are expected to be released on SENS on 14 November 2007. The loss for the period is expected to be R11 million compared to a profit of R3 million reported for the corresponding reporting period of the previous year. The Group is expecting to report a loss per share of 10.5 cents (2006: profit of 2.6 cents) and headline loss per share of 29.9 cents (2006: profit of 7.5 cents). The financial information on which this trading statement is based has not been reviewed and reported on by the Company`s auditors. COMMENTS Sales revenue and profits declined primarily as a result of the temporary loss of production from the Bloeddrif plant and a resultant decline in the overall average price per carat being achieved for the Lower Orange River operations. As previously reported, the Bloeddrif plant was decommissioned to enable plant modifications to increase throughput capacity and reduce unit costs. Bloeddrif mined a high quality geological feature during the first six months of the previous period. Following completion of mining of this geological feature, the plant has been upgraded to enable the remaining lower grade deposits to be mined economically. Production is scheduled to recommence during November 2007. South African land operations production for the full year is expected to be in line with prior year levels. Notwithstanding the overall loss for the Angolan division, the Luarica operation achieved a much improved performance with mining income at R1,4 million (R5,3 million loss). The performance of the Namibian operation improved with a reduced operating loss being sustained during the six month period. Cape Town 5 November 2007 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 05/11/2007 17:15:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
