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Thu 30 Aug 2007, 16:47 MTX - Metorex Limited - Exercise of options and sa
MTX
 MEMTX                                                                           
MTX - Metorex Limited - Exercise of options and sale of shares by Director      
METOREX LIMITED                                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number 1934/005478/06)                                            
JSE code: MTX                                                                   
ISIN: ZAE000022745                                                              
Issuer code MEMTX                                                               
("Metorex")                                                                     
EXERCISE OF OPTIONS AND SALE OF SHARES BY DIRECTOR                              
In compliance with section 3.63 of the Listings Requirements of the JSE Limited,
Metorex advises the following transactions by executive directors of the company
in the company`s securities:                                                    
Exercise of options by Mr. EW Legg                                              
Date of transaction:               30 August 2007                               
Option issue dates:                10 July 2003; 5 March 2004; 18 May 2005      
Total number of options exercised: 350 000 shares; 37 500 shares; 60 000 shares 
Strike price of options:           R2.20; R2.34; R3.20                          
Total value:                       R1 049 750                                   
Class of securities:               Ordinary shares                              
Nature of transaction:             Exercise of options                          
Interest in transaction:           Direct beneficial                            
Clearance to deal obtained:        Yes                                          
Johannesburg                                                                    
30 August 2007                                                                  
Sponsor:                                                                        
Barnard Jacobs Mellet Corporate Finance (Pty) Limited                           
Date: 30/08/2007 16:47:09 Produced by the JSE SENS Department.                  
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