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Fri 7 May 2004, 12:22 RESULTS OF GENERAL MEETING
THABEX EXPLORATION LIMITED - RESULTS OF GENERAL MEETING                         
  Thabex Exploration Limited                                                      
  ("Thabex" or "the Company")                                                     
  Registration No 1988/000763/06                                                  
  (Incorporated in the Republic of South Africa)                                  
  JSE share code: TBX                                                             
  ISIN Code: ZAE000013686                                                         
  RESULTS OF GENERAL MEETING                                                      
  Thabex herewith announces that both resolutions relating to the approval of the 
  agreement to dispose of the entire issued share capital of the Company"s wholly 
  owned subsidiary, Platinexco (Proprietary) Limited, were unanimously approved by
  shareholders present in person and represented by proxy at the general meeting  
  held on 5 May 2004.                                                             
  To date AIM has not exercised their option to acquire Platinexco. Shareholders  
  will be notified immediately if and when AIM exercises the option as described  
  in the Circular to Shareholders dated 13 April 2004.                            
  7 May 2004                                                                      
  Johannesburg                                                                    
  Sponsor:                                                                        
  PSG Capital Ltd                                                                 
  Date: 07/05/2004 12:05:03 PM Produced by the JSE SENS Department
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