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Wed 21 Dec 2005, 17:01 Matodzi Resources Limited - Trading Statement
Matodzi Resources Limited - Trading Statement                                   
MATODZI RESOURCES LIMITED                                                       
(Incorporated in the Republic of South Africa)                                  
Registration number 1933/004523/06                                              
Share code: MTZ ISIN: ZAE000042412                                              
("Matodzi" or "the Company")                                                    
TRADING STATEMENT                                                               
Shareholders are advised that Matodzi expects its headline loss per share for   
the six months ended 30 September 2005, to decrease from those published for the
previous corresponding period by between 65% and 75%.                           
These results include the impact of International Financial Reporting Standards 
("IFRS") after a review was performed of existing accounting policies, the      
impact of which have been minimal that there is no need for the corresponding   
period to be restated.                                                          
The forecast financial information on which this trading statement is based has 
not been reviewed or reported on by Matodzi"s auditors.                         
The Group"s interim unaudited results for the six months ended 30 September     
2005, will be published on or about 28 December 2005.                           
Johannesburg                                                                    
21 December 2005                                                                
Sponsor                                                                         
Sasfin Capital                                                                  
(A division of Sasfin Bank Limited)                                             
Date: 21/12/2005 05:01:21 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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