MTX
MEMTX                                                                           
MTX - Metorex - Results Of Annual General Meeting And Appointment Of Executive  
Chairman                                                                        
METOREX LIMITED                                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number 1934/005478/06)                                            
Share code: MTX                                                                 
ISIN: ZAE000022745                                                              
Issuer code: MEMTX                                                              
("Metorex" or "the Company")                                                    
RESULTS OF ANNUAL GENERAL MEETING AND APPOINTMENT OF EXECUTIVE CHAIRMAN         
Shareholders are advised that at the Annual General Meeting of Metorex held on  
20 January 2009, all the ordinary resolutions contained in the Notice of Annual 
General Meeting and tabled for voting, were passed by the requisite majority of 
shareholders present or represented by proxy with the exception of ordinary     
resolutions 2 and 3.                                                            
Ordinary resolution 2 proposed that the directors be granted the general        
authority to issue shares for cash in terms of the Listings Requirements of the 
JSE Limited ("Listings Requirements") and required 75% of the shareholders      
present in person or represented by proxy to vote in favour of the resolution   
for it to be passed.                                                            
Ordinary resolution 3 proposed that the directors be granted the general        
authority to create and issue options or convertible securities in the capital  
of the Company for cash in terms of the Listings Requirements and required 75%  
of the shareholders present in person or represented by proxy to vote in favour 
of the resolution for it to be passed.                                          
The board was pleased to announce that Mr Rob Still has accepted the role as    
executive chairman of Metorex thereby succeeding Mr Simon Malone who retires    
from the board of Metorex with effect from today.                               
In addition, an overview of Metorex`s operations during the last year was       
presented to the attendees of the meeting. This presentation has been made      
available on the Company`s website at www.metorex.co.za.                        
Johannesburg                                                                    
20 January 2009                                                                 
Sponsor                                                                         
Barnard Jacobs Mellet Corporate Finance (Proprietary) Limited                   
Date: 20/01/2009 15:40:01 Produced by the JSE SENS Department.                  
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