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Thu 8 Mar 2007, 12:28 MTX - Metorex - Indirect interest of Director in s
MTX
 MEMTX                                                                           
MTX - Metorex - Indirect interest of Director in shares purchased by third party
METOREX LIMITED                                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number 1934/005478/06)                                            
JSE code: MTX                                                                   
ISIN: ZAE000022745                                                              
Issuer code MEMTX                                                               
("Metorex")                                                                     
INDIRECT INTEREST OF DIRECTOR IN SHARES PURCHASED BY THIRD PARTY                
In compliance with section 3.63 of the Listings Requirements of the JSE Limited,
Metorex advises the following transaction in the company`s securities:          
Name of director:                  A Barrenechea (non executive)                
Date of transaction:               6 March 2007                                 
Nature of transaction:             Shares purchased by Minerales Y Productos    
                                  Derivados SA in which company Mr.             
Barrenechea has an interest                   
Number of securities purchased:    5 000 000                                    
Purchase price:                    R20 per share                                
Total value:                       R100,000,000                                 
Class of securities:               Ordinary shares                              
Interest in transaction:           Indirect beneficial                          
Johannesburg                                                                    
8 March 2007                                                                    
Sponsor:                                                                        
Barnard Jacobs Mellet Corporate Finance (Pty) Limited                           
Date: 08/03/2007 12:28:01 Produced by the JSE SENS Department.
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