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Thu 3 Aug 2006, 9:30 Miranda - Progress report on the North West diamon
MMH
 MMH                                                                             
Miranda - Progress report on the North West diamond project                     
Miranda Mineral Holdings Limited                                                
(previously Proper Group Limited)                                               
(incorporated in the Republic of South Africa)                                  
(Registration number: 1998/001940/06)                                           
Share code: MMH & ISIN: ZAE000074019                                            
("Miranda" or "the company" or "the group")                                     
Progress report on the North West diamond project                               
Further to the announcement on 15 May 2006, the board of Miranda is pleased to  
advise shareholders that the first diamonds have been recovered from the        
sampling pits on section one of the farm Turffontein 126 IQ.  This confirms the 
results of investigations conducted by DeBeers in 1988 on behalf of Gold Fields 
and New Wits Limited.  The prospecting work is on schedule and continuing.      
Shareholders will be updated with further progress reports in due course.       
Centurion                                                                       
2 August 2006                                                                   
Sponsor                                                                         
Sasfin Capital                                                                  
(a division of Sasfin Bank Limited)                                             
Corporate Advisor                                                               
Radagast Capital (Pty) Limited                                                  
Date: 03/08/2006 09:30:15 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
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