Withdrawal of cautionary announcement and update regarding West Coast Resources TRANS HEX GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1963/007579/06) Share code: TSX ISIN: ZAE000018552 (“Trans Hex”) WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT AND UPDATE REGARDING WEST COAST RESOURCES Shareholders of Trans Hex (“Shareholders”) are referred to the initial cautionary announcement released on SENS on 10 May 2019 (“Cautionary Announcement”) and the further cautionary announcements released thereafter, regarding the negotiations pertaining to a potential disposal of the shares held by Trans Hex Diamante Beperk (“THD”), in the issued share capital of West Coast Resources Proprietary Limited (“WCR”) (all of which are subsidiaries of Trans Hex) to Kernel Resources Proprietary Limited (“Kernel Resources”) (“Proposed Transaction”). Shareholders are advised that the negotiations pertaining to the Proposed Transaction have terminated; therefore, the Cautionary Announcement is hereby withdrawn. The management and mining services agreement entered into by Trans Hex Operations Proprietary Limited, THD, WCR and Kernel Resources, in terms of which WCR would have appointed Kernel Resources as an independent contractor to perform management and mining services has also been terminated. Shareholders will be updated of any further developments in due course. Cape Town 16 October 2019 Sponsor One Capital Date: 16/10/2019 05:49:00 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.