Renewal of cautionary announcements in relation to the Proposed Offer and Delisting and the Potential Disposal 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”) RENEWAL OF CAUTIONARY ANNOUNCEMENTS IN RELATION TO THE PROPOSED OFFER AND DELISTING AND THE POTENTIAL DISPOSAL NOT CONSTITUTING A FIRM INTENTION ANNOUNCEMENT 1. PROPOSED OFFER AND DELISTING Trans Hex shareholders (“Shareholders”) are referred to the cautionary announcement released on SENS on Friday, 5 July 2019 wherein Shareholders were advised that the board of directors of Trans Hex (the “Board”) is considering a transaction in terms of which the Company may make an offer to all Shareholders, other than Cream Magenta 140 Proprietary Limited, Metcap 14 Proprietary Limited and RAC Investment Holdings Proprietary Limited (collectively, the “Consortium”) and subsidiaries of the Company, to repurchase the issued share capital held by them for an indicative offer consideration of R1.00 per share (“Offer Price”), followed by a delisting of the Company from the JSE (the “Proposed Offer and Delisting Transaction”). The Proposed Offer and Delisting Transaction will enable the Company to function in an unlisted environment, thereby enabling it to save on the costs of operating in a regulated environment, particularly as the Board believes that the listing provides little benefit to the Company at this stage of its operating cycle. Shareholders, other than the Consortium, will be afforded an opportunity to realise their investment in Trans Hex at an attractive premium to the share price, as the Offer Price represents a premium of 108% to the 30-day volume weighted average price on the date preceding the first cautionary announcement dated Friday, 5 July 2019, of R0,48 per share. 2. POTENTIAL DISPOSAL Shareholders are referred to the cautionary announcement released on SENS on Friday, 10 May 2019 and the renewals thereof on Tuesday, 21 May 2019 and Wednesday, 3 July 2019, advising Shareholders that the Group has entered into negotiations regarding the potential disposal of the shares held by Trans Hex Diamante Beperk, a subsidiary of Trans Hex, in the issued share capital of West Coast Resources Proprietary Limited (“Potential Disposal”), which if successfully concluded may have a material effect on the price of the Company’s securities. 3. RENEWAL OF CAUTIONARY ANNOUNCEMENTS As negotiations are still ongoing, Shareholders are advised to continue to exercise caution when dealing in the Company’s securities until a detailed firm intention announcement in respect of the Proposed Offer and Delisting Transaction is published and a detailed terms announcement in respect of the Potential Disposal is published, respectively, or until either or both of these cautionary announcements are otherwise withdrawn. 4. BOARD RESPONSIBILITY The Board accepts responsibility for the information contained in this announcement. To the best of its knowledge and belief, the information contained in this announcement is true and nothing has been omitted which is likely to affect the importance of the information included. Cape Town 19 August 2019 Corporate Advisor and Transaction Sponsor to Trans Hex in relation to the Proposed Offer and Delisting Transaction Questco Proprietary Limited Sponsor to Trans Hex One Capital Date: 19/08/2019 05:00:00 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.