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TRANS HEX GROUP LIMITED - Production and Sales update

Release Date: 18/03/2013 14:50
Code(s): TSX     PDF:  
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Production and Sales update

Trans Hex Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1963/007579/06)
Share code: TSX
ISIN: ZAE000018552
("Trans Hex" or "the Group")

PRODUCTION AND SALES UPDATE

Trans Hex is pleased to provide an update in respect of its diamond sales and
production.

The Group’s December 2012 and January 2013 tender sales of South African
production amounted to R159.6 million (13 540 carats at an average price of
US$1 317 per carat and exchange rate of R8.96).

Year-to-date sales at end-January amounted to 56 587 carats, totalling
R635.9 million.

Cash and cash equivalents at end-February amounted to R355.3 million.

Somiluana Mine in Angola, in which Trans Hex holds a 33% stake, realized a
total of US$2.64 million for its January and February sales (6 872 carats at an
average price of US$384 per carat).

Year-to-date production at the Group’s South African operations amounted to
61 204 carats at end February. Somiluana produced 38 869 carats during the
same period.

Further sales of both South African and Angola production are being held
during March 2013.

The Group’s financial year ends on 31 March and the annual results will be
released on or about 3 June 2013.

The external auditors have not reviewed or reported on the information
provided in this update and it does not constitute an earnings forecast.

For and on behalf of the board

Cape Town
18 March 2013

JSE Sponsor
Sasfin Capital (A division of Sasfin Bank Limited)

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