ASR - Assore Limited - Trading update

ASR - 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 since the interim results announcement published  
on 21 February 2008 the Assore group has continued to benefit from the boom in  
base mineral markets worldwide. These conditions have resulted in increased US  
Dollar and Euro prices for all products and significantly higher sales of       
manganese ore which were achieved by exporting through the ports at Durban and  
Richards Bay in addition to the terminal at Port Elizabeth. As a result,        
attributable earnings per share for the year to 30 June 2008 are anticipated to 
be between R112,00 and R116,00 (year ended 30 June 2007 : R28,63 per share).    
Accordingly headline earnings per share are expected to be between R111,00 and  
R115,00 (year ended 30 June 2007 : R27,20 per share).  Earnings per share       
calculations are based on a weighted average of 26,91 million shares in issue   
for the year (year ended 30 June 2007 : 27,06 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 2008 are expected to be published  
on or about Friday, 29 August 2008.                                             
Illovo Boulevard                                                                
Johannesburg                                                                    
13 August 2008                                                                  
Contact details:                                                                
Celine Stemmett                                                                 
Switchboard : (+27 11) 770 6800                                                 
Direct line: (+27 11) 770 6948                                                  
Email: celinestemmett@assore.com                                                
Sponsor                                                                         
Standard Bank                                                                   
Date: 13/08/2008 17:06:06 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.