Restructuring of Lower Orange River Operations 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 “Company”) RESTRUCTURING OF LOWER ORANGE RIVER OPERATIONS Trans Hex has concluded an agreement with the National Union of Mineworkers to change the production shift system at the Company's Lower Orange River ("LOR") Operations, consisting of the Baken and Bloeddrif mines, effective from Monday, 29 February 2016. The change is in line with the Company's strategy of responsibly managing the ageing LOR assets in the final years of their economic life cycles by optimising mining and treatment volumes, together with cost reductions and improvements in efficiencies across the board. The aim is to extend the viable life-of-mine of each operation for as long as possible, whilst constantly managing the risks inherent to mature alluvial mines. The LOR Operations will change from a four-shift system, running seven days per week, to a three-shift system, working a five and a half day week. Overburden stripping rates and the volumes of gravel mined and treated will be adjusted to ensure the most sustainable model for each mine going forward. A total of 125 employees (22% of the workforce) have accepted voluntary retrenchment packages, effective on Monday, 29 February 2016. The majority of the volunteers are older employees with long service. The total cost of the restructuring programme is expected to be in the order of R47 million, including severance payments. Further information in this regard will be published in the Company's annual results early in June and in the 2016 Integrated Annual Report. Cape Town 22 February 2016 Sponsor One Capital Date: 22/02/2016 08:43:00 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.