Trading Update Miranda Mineral Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 1998/001940/06) Share code: MMH ISIN: ZAE000074019 (“Miranda”) Trading Update Miranda is in the process of finalising its financial results for the year ended 31 August 2013 and wishes to advise shareholders that when compared to the previously published results for 31 August 2012, Net Asset Value per share for the year ending 31 August 2013 increased from (1.85) cents per share ("cps") at 31 August 2012 to between 4.0 cps and 7.0 cps, and Net Tangible Asset Value increased from (9.37) cps at 31 August 2012 to between 1.5 and 2.5 cps. The increase in Net Asset Value and Net Tangible Asset Value per share is mainly due to the conversion of the shareholders loans into equity. Due to a mathematical error, the Net Asset Value and the Net Tangible Asset Value per share was incorrectly disclosed in the 31 August 2012 results. The Net Asset Value per share was disclosed as (2.53) cps instead of (1.85) cps and the Net Tangible Asset Value per share was disclosed as (10.05) cps instead of (9.37) cps. We confirm that the financial information on which this trading statement is based has not been reviewed and reported on by the Group`s auditors and the results for the year ended 31 August 2013 are expected to be released on or about 29 November 2013. 26 November 2013 Sponsor PricewaterhouseCoopers Corporate Finance (Pty) Limited Date: 26/11/2013 02:15:00 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.