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Fri 20 Jan 2006, 17:00 Matodzi Resources Limited - Auditors Review Of Una
MTZ
 MTZ                                                                             
Matodzi Resources Limited - Auditors Review Of Unaudited Interim Financial      
Results For The Six Months Ended 30 September 2005 ("Interim Results")          
MATODZI RESOURCES LIMITED                                                       
(Incorporated in the Republic of South Africa)                                  
Registration number 1933/004523/06                                              
Share code: MTZ   ISIN: ZAE000042412                                            
("Matodzi" or "the Company")                                                    
AUDITORS REVIEW OF UNAUDITED INTERIM FINANCIAL RESULTS FOR THE SIX MONTHS ENDED 
30 SEPTEMBER 2005 ("interim results")                                           
The Company published interim results on SENS on 9 January 2006. In terms of    
Listings Requirements of the JSE Limited ("JSE"), a review of the interim       
results was required to be performed by the Company"s auditors.                 
Due to the recent appointment of KPMG Inc. as the new auditors to Matodzi, KPMG 
Inc. were not able to complete such review within the time frame for the        
publication of the interim results. Accordingly, with the agreement of the JSE, 
the interim results were published without a review on the basis that once a    
review was completed, the results of such review would be published. The Company
expects that such review will be completed by 28 February 2006, at which time a 
further announcement will be published.                                         
Johannesburg                                                                    
20 January 2006                                                                 
Sponsor                                                                         
Sasfin Capital                                                                  
A Division of Sasfin Bank Limited                                               
Date: 20/01/2006 05:00:04 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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