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Tue 14 Nov 2006, 10:07 Scharrig Mining Limited - Trading Update
SCN
 SCN                                                                             
Scharrig Mining Limited - Trading Update                                        
SCHARRIG MINING LIMITED                                                         
(Registration number 1992/001973/06)                                            
Share code: SCN & ISIN: ZAE000006474)                                           
("Schamin" or "the Company")                                                    
TRADING UPDATE                                                                  
In compliance with paragraph 3.4 of the Listing Requirements of the JSE Limited,
a listed company is required to publish a trading statement as soon as it       
becomes aware that the financial results for the next period to be reported on  
will differ by at least 20% from those of the previous reported period.         
Schamin wishes to advise shareholders that the headline earnings per share and  
the earnings per share for the six months ended 30 September 2006 are expected  
to be between 35% and 45% higher than the headline earnings of 31.0 cents and   
the earnings of 31.0 cents per share for the six months ended 30 September 2005.
The financial information on which this trading statement has been based has not
been reviewed or reported on by the group"s auditors.                           
The board anticipates the release of the results for the six months ended 30    
September 2006 to be on or about 30 November 2006.                              
Boksburg                                                                        
14 November 2006                                                                
Sponsor                                                                         
VUNANI CORPORATE FINANCE (PTY) LIMITED                                          
Date: 14/11/2006 10:07:14 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
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