MTX
MEMTX                                                                           
MTX - Metorex Limited - Further Cautionary Announcement                         
METOREX LIMITED                                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number 1934/005478/06)                                            
Share code: MTX                                                                 
ISIN: ZAE000022745                                                              
Issuer code: MEMTX                                                              
("Metorex")                                                                     
Further cautionary announcement                                                 
Shareholders are referred to the "Operational Update and Further Cautionary     
Announcement" released on Sens on Monday, 11 May 2009 and published in the press
on Tuesday, 12 May 2009.                                                        
Shareholders are hereby informed that, pursuant to the publicly communicated    
strategy of the board of directors of Metorex ("the Board") to dispose of       
certain non-core assets to, inter alia, reduce Metorex`s overall debt levels,   
Metorex has received proposals in regard to certain of the assets which the     
Board may consider to dispose of in achieving its strategic objectives.         
Further announcements will be made should Metorex enter into specific agreements
with regard to such proposals.                                                  
Accordingly, shareholders are advised to continue to exercise caution when      
dealing in their Metorex securities until a further announcement is made.       
Johannesburg                                                                    
13 May 2009                                                                     
Sponsor:                                                                        
Barnard Jacobs Mellet Corporate Finance (Proprietary) Limited                   
Date: 13/05/2009 15:38:01 Produced by the JSE SENS Department.                  
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