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SAH - South African Coal Mining Holdings Limited - Strategic partnership with

Release Date: 15/11/2007 08:25:01      Code(s): SAH
SAH - South African Coal Mining Holdings Limited - Strategic partnership with   
Fraser Alexander                                                                
South African Coal Mining Holdings Limited                                      
Registration number 1994/009012/06                                              
Share code: SAH                                                                 
ISIN code: ZAE000102034                                                         
("SACMH" or "the company")                                                      
Strategic Partnership with Fraser Alexander                                     
Shareholders are advised that SACMH has today signed a Heads of Agreement with  
Fraser Alexander (Pty) Limited relating to a strategic partnership.             
Fraser Alexander, effectively 100% owned by Royal Bafokeng Holdings (Pty)       
Limited, provides bulk materials handling, construction and tailings management 
services across a number of industries.                                         
In terms of this Heads of Agreement, Fraser Alexander will be SACMH`s strategic 
services partner, providing materials handling and beneficiation services to    
SACMH through its "Bulk Mech" division. The strategic partnership will pertain  
to both current SACMH operations and future coal mining opportunities.          
Fraser Alexander will enter into a new contract to supply various services to   
SACMH for the expansion of the existing mines and new mining and logistics      
projects. The terms of the material handling and beneficiating contract will be 
the same or more favourable than the existing contract that SACMH has with      
Mkhulu Resources (Pty) Limited                                                  
A key requirement of this strategic partnership is that both parties            
consistently embrace sustainable operations in relation to prioritising safety, 
environmental responsibility, regional community upliftment and skills          
Karl Gribnitz, CEO of SACMH said:                                               
"We are confident that this strategic partnership with a leading materials      
handling and beneficiation services provider will give us the conversion        
capacity to aggressively pursue growth opportunities in the coal mining         
15 November 2007                                                                
BDO QuestCo                                                                     
Date: 15/11/2007 08:25:01 Supplied by www.sharenet.co.za                     
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