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Fri 18 Jul 2003, 17:21 TRADING UPDATE
Pasdec - Trading Update                                                         
Pasdec Resources SA Limited                                                     
(Incorporated in the Republic of South Africa)                                  
(Registration number 1987/004942/06)                                            
Share code: PSC    ISIN: ZAE000023552                                           
("Pasdec" or "the company")                                                     
                                                       
The shareholders of Pasdec are advised that the company"s financial results for 
the six months ended 30 June 2003 have improved in comparison with the results  
reflected in the financial statements for the year ended 31 December 2002. Full 
details of the improvement will be disclosed in the company"s interim results   
which will be released on or about 25 July 2003.                                
For and on behalf of the Board                                                  
P.A.Becker  (Executive deputy chairman)                                         
18 July 2003                                                                    
Sponsor                                                                         
KPMG                                                                            
Date: 18/07/2003 05:15:04 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
                                                                                
                                                                                
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