TBX - Thabex Limited - Update to shareholders

TBX - Thabex Limited - Update to shareholders                                   
Thabex Limited                                                                  
Incorporated in the Republic of South Africa                                    
(Registration number 1988/000763/06)                                            
Share code: TBX   ISIN: ZAE000013686                                            
("Thabex" or "the Company")                                                     
Young Lions Exploring Africa                                                    
UPDATE TO SHAREHOLDERS                                                          
Angel Diamonds Proprietary Limited ("Angel Diamonds") (in liquidation)          
Shareholders are referred to the announcement released on SENS on 2 April 2012. 
The appeal against the discharge of the first provisional liquidation           
application of Angel Diamonds by Mr TP Mosebo, a director of Angel Diamonds,    
Case Number C OF A (CIV) 28/2011 (CCA/8/2010), was heard in the Appeal Court    
of Lesotho in Maseru on 16 April 2012. The appeal was dismissed with costs on   
27 April 2012 against Mr Mosebo.                                                
Johannesburg                                                                    
30 April 2012                                                                   
Sponsor                                                                         
Merchantec Capital                                                              
Date: 30/04/2012 14:54:01 Supplied by www.sharenet.co.za                     
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