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Fri 19 Dec 2008, 12:04 MTZ - Matodzi Resources Limited - Trading update
MTZ
MTZ                                                                             
MTZ - Matodzi Resources Limited - Trading update                                
MATODZI RESOURCES LIMITED                                                       
Incorporated in the Republic of South Africa                                    
(Registration number 1933/004523/06)                                            
Share code: MTZ    ISIN: ZAE000042412                                           
("Matodzi")                                                                     
TRADING UPDATE                                                                  
In terms of the Listings Requirements of JSE Limited, companies are required to 
publish a trading statement as soon as they become reasonably certain that the  
financial results for the period to be reported on will differ by more than 20% 
from that of the previous corresponding period.                                 
Accordingly, a review of the financial results for the six months ended 30      
September 2008 by management, has indicated that earnings per share and headline
earnings per share are expected to be between 54% and 74% higher than those in  
the previous corresponding period. The financial information on which this      
trading statement is based has not been reviewed or reported on by Matodzi`s    
auditors.                                                                       
Matodzi`s interim financial results are expected to be released on SENS on or   
about Wednesday, 24 December 2008.                                              
Johannesburg                                                                    
19 December 2008                                                                
Sponsor                                                                         
Merchantec (Proprietary) Limited                                                
Date: 19/12/2008 12:04:22 Produced by the JSE SENS Department.                  
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