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Wsl - Wescoal Holdings Limited - Directors Dealing In Securities

Release Date: 29/06/2007 09:57:01      Code(s): WSL
    WSL - Wescoal Holdings Limited - Directors dealing in securities            
                                                                                
    WESCOAL HOLDINGS LIMITED                                                    
(Previously known as "Abrina 724 Limited")                                  
    (Incorporated in the Republic of South Africa)                              
    (Registration number 2005/006913/06)                                        
    JSE Share code: WSL   ISIN: ZAE000069639                                    
("Wescoal")                                                                 
                                                                                
    Directors Dealing In Securities                                             
                                                                                
In compliance with rule of 3.63 to 3.65 of the JSE Listing Requirements,    
    the following should be noted:                                              
                                                                                
    Name of director:                  AR Boje                                  
Date of transaction:               29 June 2007                             
    Nature of transaction:             Purchase                                 
    Price:                             62.5 cents per share                     
    Number of shares:                  6 240 000                                
Total amount:                      R 3 900 000-00                           
    Class of security:                 Ordinary shares                          
    Nature of interest:                Direct beneficial                        
    Clearance obtained:                Yes                                      

    Name of director:                  JG Pansegrouw                            
    Date of transaction:               29 June 2007                             
    Nature of transaction:             Purchase                                 
Price:                             62.5 cents per share                     
    Number of shares:                  884 000                                  
    Total amount:                      R 552 500-00                             
    Class of security:                 Ordinary shares                          
Nature of interest:                Indirect beneficial                      
    Clearance obtained:                Yes                                      
                                                                                
    In terms of paragraph 3.63 to 3.65 of the JSE Limited Listings              
Requirements, the following information relating to a transaction on the    
    open market of ordinary shares by a director of Wescoal`s major subsidiary, 
    Chandler Coal (Pty) Limited ("Chandler Coal") is disclosed, as follows:     
                                                                                
Name of director:                  G Botha                                  
    Date of transaction:               29 June 2007                             
    Nature of transaction:             Purchase                                 
    Price:                             62.5 cents per share                     
Number of shares:                  4 680 000                                
    Total amount:                      R 2 925 000-00                           
    Class of security:                 Ordinary shares                          
    Nature of interest:                Direct beneficial                        
Clearance obtained:                Yes                                      
                                                                                
    Name of director:                  G Coetzee                                
    Date of transaction:               29 June 2007                             
Nature of transaction:             Purchase                                 
    Price:                             62.5 cents per share                     
    Number of shares:                  4 680 000                                
    Total amount:                      R 2 925 000-00                           
Class of security:                 Ordinary shares                          
    Nature of interest:                Direct beneficial                        
    Clearance obtained:                Yes                                      
                                                                                
Name of director:                  D Joubert                                
    Date of transaction:               29 June 2007                             
    Nature of transaction:             Purchase                                 
    Price:                             62.5 cents per share                     
Number of shares:                  2 600 000                                
    Total amount:                      R 1 625 000-00                           
    Class of security:                 Ordinary shares                          
    Nature of interest:                Indirect beneficial                      
Clearance obtained:                Yes                                      
                                                                                
    The above shares have been purchased from Fikza Investment Holdings (Pty)   
    Limited ("Fikza") as part of the unwinding of Fikza`s involvement in        
Wescoal.                                                                    
                                                                                
    29 June 2007                                                                
    Johannesburg                                                                
Designated Advisor:                                                         
    Exchange Sponsors (Pty) Ltd                                                 
Date: 29/06/2007 09:57:01 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                             .                  



                                        
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