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Thu 14 Sep 2006, 12:30 Scharrig Mining Limited - Exercise of Share Option
SCN
 SCN                                                                             
Scharrig Mining Limited - Exercise of Share Options by Directors                
SCHARRIG MINING LIMITED                                                         
(Incorporated in the Republic of South Africa)                                  
(Registration number 1992/001973/06)                                            
(Share code: SCN & ISIN:  ZAE000006474)                                         
("Scharrig" or "the Company")                                                   
EXERCISE OF SHARE OPTIONS BY DIRECTORS                                          
Vunani Corporate Finance (Pty) Limited is authorised to announce that as at 12  
September 2006, the following exercised share options in the Company:           
  Director                Allot at 925 cents              Value (R)             
  C Scharrighuisen                 2 000 000          18 500 000-00             
C Moorcroft                        500 000           4 625 000-00             
All options were exercised on ordinary shares, and clearance was obtained prior 
to the exercising of the options.  The shares are directly and beneficially     
held.                                                                           
Boksburg                                                                        
13 September 2006                                                               
Sponsor                                                                         
Vunani Corporate Finance (Pty) Limited                                          
Date: 14/09/2006 12:30:01 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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