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Tue 4 Apr 2006, 8:53 Thabex Exploration Limited - Further Cautionary An
TBX
 TBX                                                                             
Thabex Exploration Limited - Further Cautionary Announcement                    
THABEX EXPLORATION LIMITED                                                      
Registration No 1988/000763/06                                                  
(Incorporated in the Republic of South Africa)                                  
JSE share code: TBX                                                             
ISIN Code: ZAE000013686                                                         
Young Lions Exploring Africa                                                    
("Thabex" or "the Company")                                                     
FURTHER CAUTIONARY ANNOUNCEMENT                                                 
Shareholders are referred to the cautionary announcement published on SENS on 21
February 2006 dealing with the application for a prospecting lease relating to  
the Kolo Kimberlite project in Lesotho and the Kimberlite exploration project in
northeastern Namibia over the Exclusive Prospecting Licenses numbers 3082 and   
3083.                                                                           
To date, neither the application for the Kolo prospecting rights, nor the       
agreement with Namdeb Diamond Corporation (Pty) Ltd, has been finalised.        
As a result, shareholders are herewith advised that they should continue to     
exercise caution when dealing in the Company"s securities until a further       
announcement relating to the above projects is published.                       
Johannesburg                                                                    
4 April 2006                                                                    
Sponsor                                                                         
PSG Capital Limited                                                             
Date: 04/04/2006 08:53:08 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
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