Trading statement 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” or the “Company”) TRADING STATEMENT Trans Hex is currently finalising its results for the 12 months ended 31 March 2017 (“Results”), which are expected to be released on SENS on or about 20 June 2017. Results in this trading statement are compared with results for the 12 months ended 31 March 2016 (“Previous Corresponding Period”). The Group expects to report: - loss per share of 173,5 cents compared to a loss per share of 94,4 cents in the Previous Corresponding Period, representing an increase of 83,79%; and - headline loss per share of 114,6 cents compared to a headline loss per share of 56,9 cents in the Previous Corresponding Period. COMMENTS The following salient points will be fully reported upon when the Group releases its Results: - Group net loss amounted to R182,6 million (2016: loss of R100,8 million). - Sales revenue from the wholly owned South African operations decreased by 19,5% compared to the Previous Corresponding Period to R540,2 million (2016: R671,4 million). - Gross loss from South African land operations amounted to R91,5 million (2016: loss of R6,8 million). - Impairment charges in respect of the Lower Orange River operations amounted to R27,4 million (2016: R55,1 million). - Equity accounting loss from West Coast Resources (Pty) Ltd amounted to R71,3 million (2016: loss of R13,6 million), including the Group’s share of an impairment charge to mining rights after tax of R43,4 million. - Equity accounting profit from Somiluana Mine in Angola amounted to R52,3 million (2016: loss of R15,8 million). - The Group’s net cash position at the end of the year was R225,4 million (2016: R353,5 million). - Net asset value per share amounted to 337,0 cents (2016: 506,0 cents). The financial information on which this trading statement is based has not been reviewed and reported on by the Company’s auditors. Cape Town 15 June 2017 Sponsor One Capital Date: 15/06/2017 03:10:00 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.