/ 15 February 2000

TRANSHEX ANNOUNCES SNR MAGT CHANGES

TRANSHEX Ltd on Monday announced a number of senior management changes within the diamond mining and exploration group, including the news that group managing director Niel Hoogenhout would step down. At the same time, Transhex said that its performance was “above expectations” and that its recent announcement of a R120-million plant expansion at its flagship Orange River operation would ensure that favourable results continue.