Fortbridge Media Release

Transit Holdings [ASX: TRH] - Paradox Basin Potash Drilling Update - State Hole 2

Transit Holdings Ltd A(ASX: TRH) has updated the market on drilling operations at the Paradox Basin Potash Project (Utah, USA), saying State Hole #2 well has reached Bed 13 today at 6,051 feet.

Coring and analysis of the cores has commenced. Upon the completion of the coring of Bed 13, drilling operations will resume down to approximately 6,700 feet to Bed 18 to complete the coring operations.

Please find more in the attached announcement.

For further information, please contact:

Ben Binninger
Director
Transit Holdings Ltd
Tel: +61 8 9482 0515

Media & Investor Enquiries:

Peter- John Lewis
Fortbridge
Tel: +61 2 9003 0481
Mob: +61 416 290 604
Email: