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MIRANDA MINERAL HOLDINGS LIMITED - Trading Update

Release Date: 26/11/2013 14:15
Code(s): MMH     PDF:  
Wrap Text
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

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