MMH - Miranda Mineral Holdings Limited - Further trading statement

MMH - Miranda Mineral Holdings Limited - Further trading statement              
Miranda Mineral Holdings Limited                                                
(Incorporated in the Republic of South Africa)                                  
(Registration number 1998/001940/06)                                            
Share code: MMH      ISIN: ZAE000074019                                         
("Miranda" or "the Company")                                                    
FURTHER TRADING STATEMENT                                                       
Shareholders are referred to the Business Update and Trading Statement          
published on SENS on 6 October 2011, and are advised that the company has       
obtained more certainty regarding their financial results for the year          
ending 31 August 2011.                                                          
Accordingly, the decrease in Net Asset Value per share ("NAVPS") remains        
within the 80 to 89% range previously announced, being 13.7 cents per           
share, when compared to the same published reporting period in the              
previous year, being 124.19 cents per share.                                    
The Net Tangible Asset Value per share ("NTAVPS") for the year ending 31        
August 2011, is (6.0) cents per share when compared to the same published       
reporting period in the previous year, which was 4.82 cents per share.          
The range for NTAVPS was not previously published.                              
Shareholders are advised that the 31 August 2010 results used as                
comparatives above, have now been restated, due to the removal of the           
Rozynenbosch Prospecting Right (as explained in the above mentioned             
announcement).                                                                  
Miranda advises that the further trading update could not be released           
earlier, due to the lack of certainty on the intangibles.                       
We confirm that the financial information on which this trading statement       
is based has not been reviewed by the Group`s auditors and the results          
for the year ending 31 August 2011 are expected to be released shortly.         
Centurion                                                                       
29 November 2011                                                                
Sponsor                                                                         
PricewaterhouseCoopers Corporate Finance (Pty) Ltd                              
Date: 29/11/2011 12:11:25 Supplied by www.sharenet.co.za                     
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