Transit Holdings Limited

Asian Activities Report for October 25, 2011 includes: Transit Holdings Limited (ASX:TRH) has commenced drilling on the second drilling site on the Company's Paradox Basin Potash Project in the USA; Aphrodite Gold Limited (ASX:AQQ) announces further excellent results from its ongoing RC drill program at the Aphrodite Gold Project in Western Australia; Bathurst Resources Limited (ASX:BTU) announces a 37% increase in the JORC reserves to 17.3 million tonnes of ROM coal at its Buller Coal Project in New Zealand; Sirius Resources (ASX:SIR) has discovered a broad zone of nickel, copper and cobalt enrichment in the first ever drilling at the Eye prospect at its 70% owned Fraser Range project in Western Australia.

Asian Activities Report for July 8, 2011 includes: Kidman Resources Limited (ASX:KDR) discovered a new high grade copper lode at the Blind Calf Prospect in central NSW; Transit Holdings Limited (ASX:TRH) announced an increase in grade and tonnage at the Paradox Basin Potash Project in USA; Amex Resources Limited (ASX:AXZ) has exercised its option at Lautoka Port for a 45 year lease; Mitsui & Co., Ltd. (TYO:8031) will acquire a 49% participating interest in the Woori coal project from Cockatoo Coal Limited (ASX:COK) for A$37.25 million.

Following the 6th June 2011 announcement on Transit Holdings Limited's (ASX:TRH) move to 90% ownership of its operating subsidiary K2O Utah LLC, Transit Holdings is pleased to announce that the company has received approval from the state of Utah for drilling and further exploration on the Paradox Basin Potash Project in Utah within two months of filing.

This morning the Australian shares dropped, led by energy and metals & mining stocks, after the US and European markets overnight closed lowered in quiet trade. Both the S&P/ASX200 Index and the broader All Ordinaries Index fell by approximately 0.7 per cent.