Fortbridge Media Release

Transit Holdings Limited [(ASX: TRH)] - Priority Entitlement in new coal vehicle

Transit Holdings Limited (ASX:TRH or �Transit�) is pleased to announce that the company shareholders will be offered the opportunity to participate in a Priority Entitlement to acquire shares in Monomotapa Coal Limited (�Monomotapa or MCL�), a company being set up to invest in coal opportunities.

The priority Entitlement Offer will allow TRH shareholders the right to purchase 1 share in the new coal company for every 3 Transit shares they own, at a seed capital offering
at A$0.10 per share.

The new company will focus on coal opportunities in Africa and other locations, and allow TRH shareholders the opportunity to participate in the early stage seed round investment into the coal company.

TRH remains primarily focused on its potash investments in Utah, USA but will continue to pursue other natural resource opportunities that can enhance shareholder value.

Please find details in the attached announcement.

For further information, please contact:

Ananda Kathiravelu
Non-Executive Chairman
Transit Holdings Ltd

Tel: +61 8 9482 0515

Media:
Fortbridge Consulting
Bill Kemmery

Mob: +61 400 122 446
Tel: +61 2 9331 0655