Sharenet Sites 
Sharenet Sites
TSX - Trans Hex Group Limited - Angola operations TRANS HEX GROUP LIMITED (Incorporated in the Republic of South Africa) Registration number 1963/007579/06 ISIN: ZAE000018552 Share code: TSX ("the Group") ANGOLA OPERATIONS The Group announces that negotiations for the conversion of its prospecting contract for the Luana Concession in Angola to a mining contract have been successfully concluded and that the mining contract was signed on 12 May 2010. Through the successful prospecting activities and the approved feasibility study, Trans Hex has earned its 33% equity interest in the mining company. The mining contract allows for Trans Hex to appoint the General Manager, Financial Manager and Operations Manager. Pilot production will continue with equipment already on site, and the partners will in due course decide how the mine will be developed. Sale of Luana product will commence forthwith. The Luarica and Fucauma operations remain mothballed with minimal care and maintenance costs being incurred. Cape Town 13 May 2010 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Namibian Sponsor IJG CORPORATE FINANCE (PTY) LTD Further enquiries please contact: ChilliBush Investor Relations Lynsey Pharo 082 079 7961 Date: 13/05/2010 07:06:01 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.
