TRANS HEX GROUP LIMITED - Trading Statement

Trading Statement

TRANS HEX GROUP LIMITED
Incorporated in the Republic of South Africa
Registration number (1963/007579/06)
Share code: TSXISIN: ZAE000018552
("Trans Hex" or “the Company” or “the Group”)

TRADING STATEMENT

Trans Hex is currently finalizing its results for the six months
ended 30 September 2012 (“the period”), which should be released on
SENS on or about 29 October 2012.

The Group expects to report net profit for the period of 
R32,9 million compared to net profit of R1,7 million in the
corresponding reporting period in 2011.

Profit after tax from continuing operations is expected to be R24,9
million, against profit of R16,3 million in September 2011.

The Group is expecting to report earnings per share of 31,6 cents
(September 2011: 1,6 cents) and headline earnings per share of 21,5
cents (September 2011: 1,6 cents).

Net asset value per share is expected to be 466,0 cents (September
2011: 219,0 cents).

COMMENTS
The following salient points will be fully reported upon when the
Group releases its results:

  - South African operations generated a profit before tax of R34,2
    million for the period, compared to R24,9 million in the
    corresponding reporting period in 2011.
  - South African production amounted to 35,865 carats (September
    2011: 33,199 carats).
  - Sales revenue increased by 21.6% in Rand terms, from R272,0
    million in September 2011 to R330,7 million.
  - Net cash generated during the period was R4,4 million (September
    2011: net cash utilized of R64,1 million) resulting in the
    Group’s net cash position at the end of the period being R351,7
    million (September 2011: R203,4 million).
  - Production at Somiluana in Angola amounted to 22,600 carats
    during the period (September 2011: 20,473 carats). Sales
    totalled US$7,9 million (September 2011: US$9,8 million).

The financial information on which this trading statement is based
has not been reviewed and reported on by the Company’s auditors.


Cape Town
23 October 2012

Sponsor
Sasfin Capital (a division of Sasfin Bank Limited)

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