Trading Statement

SouthernEra Resources Limited added to S&P/TSX Composite Index

 

    Shares Issued and Outstanding: 51,611,800

    TSX: SUF

    AIM: SRE

 

    TORONTO, Sept. 18 /CNW/ - SouthernEra Resources Limited is pleased to

announce its admission to the S&P/TSX Composite Index.

    SouthernEra's admission follows the Quarterly S&P/TSX Composite Index

Review and the subsequent announcement on September 17th by Standard and

Poor's. The index changes outlined in the announcement will occur after the

close of trading on the Toronto Stock Exchange on September 20th, 2002.

    SouthernEra Resources is a fully integrated international mining company,

which generates projects offering exceptional rates of return. The Company's

focus is on platinum group metals and diamonds. Its operations in South Africa

include the 70.4 percent owned Messina Platinum Mine and the 50 percent owned

Klipspringer Diamond Mine. The common shares of SouthernEra are traded on the

Toronto Stock Exchange (SUF) and the London Stock Exchange's AIM (SRE).

 

    For further information: SouthernEra Resources Limited, Patrick C.

Evans, President and CEO or Dr. Sally Eyre, Vice President Corporate Affairs,

Telephone: [phone], Fax: [phone], e-mail:

inbox(at)southernera.com

    (SUF. SRE)