(Incorporated in the Republic of South Africa) (Registration number 1934/005478/06) Share code: MTX

ISIN: ZAE000022745

Issuer code: MEMTX

(?Metorex?)

RESULTS OF GENERAL MEETING

Metorex shareholders (?Shareholders?) are advised that at the general meeting of Shareholders held on 22 July

2011, the ordinary and special resolutions contained in the circular to Shareholders, dated 17 June 2011, and tabled for voting, were voted down by the requisite majority of Shareholders present or represented by proxy.

Shareholders are referred to the announcement published by Metorex on the Securities Exchange News Service of the JSE Limited on 14 July 2011, whereby Shareholders were informed that Jinchuan Group Limited (?Jinchuan?) has proposed that the board of directors of Metorex implement the Jinchuan offer (?Jinchuan Offer?) by way of a scheme of arrangement (?Jinchuan Scheme?), in terms of section 114 of the Companies Act, No 71 of 2008, as amended.

Further details of the Jinchuan Scheme will be included in a circular detailing the Jinchuan Offer which is expected to be posted to Shareholders in early August 2011.

Johannesburg

22 July 2011

Lead financial advisor and investment bank to Metorex: Standard Bank Joint financial advisor and transaction sponsor to Metorex: One Capital Legal advisor to Metorex: Cliffe Dekker Hofmeyr

Independent expert to Metorex: KPMG

Investor relations advisor to Metorex: College Hill