TRANS HEX GROUP LIMITED - Trading statement

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 “Company” or the “Group”)

TRADING STATEMENT

Trans Hex is currently finalising its results for the interim period ended 30 September 2017 (“Results”),
which are expected to be released on SENS on or about 9 November 2017.

Results in this trading statement are compared with results for the interim period ended
30 September 2016 (“Previous Corresponding Period”).

The Group expects to report:

-   a loss per share of 188,4 cents compared to earnings per share of 31,8 cents in the Previous
    Corresponding Period; and
-   headline loss per share of 195,1 cents compared to headline earnings per share of 31,4 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 R199,2 million (2016: profit of R32,5 million).
-   Sales revenue from the wholly owned South African operations decreased by 45,6% to
    R149,7 million (2016: R275,3 million).
-   Cost of goods sold amounted to R340,7 million (2016: R261,4 million), including retrenchment costs
    of R111,4 million at the Lower Orange River operations.
-   Gross loss from South African land operations amounted to R191,0 million (2016: profit of
    R13,9 million).
-   Equity accounting loss from West Coast Resources (Pty) Ltd amounted to R13,1 million (2016: loss
    of R9,0 million).
-   Equity accounting profit from Somiluana Mine in Angola amounted to R18,7 million
    (2016: profit of R34,2 million).
-   The Group’s net cash position at the end of the period was R41,3 million (2016: R322,4 million).
-   Net asset value per share amounted to 142,0 cents (2016: 540,0 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
7 November 2017

Sponsor
One Capital

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