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Thu 11 Aug 2005, 16:51 Metorex Limited - Grant of options to executive di
Metorex Limited - Grant of options to executive directors                       
Metorex Limited                                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number 1934/005478/06)                                            
Share code: MTX                                                                 
ISIN code: ZAE000022745                                                         
Issuer code` MEMTX                                                              
(`Metorex` or `the company`)                                                    
GRANT OF OPTIONS TO EXECUTIVE DIRECTORS                                         
In compliance with section 3.63 of the Listings Requirements of the JSE Limited 
(`JSE`), Metorex advises that options were granted to the following executive   
directors in terms of the Metorex Limited Share Incentive Scheme:               
Name of director:      AS Malone      CDS Needham   KC Spencer     EW Legg      
Status of director:    Executive      Executive     Executive      Executive    
Date of grant:         18/5/2005      18/5/2005     18/5/2005      18/5/2005    
Number of options      400 000        350 000       325 000        300 000      
granted:                                                                        
Option strike price:   320c           320c          320c           320c         
Expiry date            18/5/2015      18/5/2015     18/5/2015      18/5/2015    
Johannesburg                                                                    
11 August 2005                                                                  
Sponsor:                                                                        
Barnard Jacobs Mellet Corporate Finance (Pty) Limited                           
Date: 11/08/2005 04:45:13 PM
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