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KEH - Keaton Energy Holdings Limited - Keaton Energy granted additional

Release Date: 13/05/2008 13:31:01      Code(s): KEH
KEH - Keaton Energy Holdings Limited - Keaton Energy granted additional         
prospecting rights over 1 597 hectares                                          
Keaton Energy Holdings Limited                                                  
(formerly Tricoal Holdings Limited, formerly Liberty Lane Trading 99 Limited)   
(Incorporated in the Republic of South Africa)                                  
(Registration number 2006/011090/06)                                            
JSE share code: KEH & ISIN: ZAE000117420                                        
("Keaton Energy")                                                               
Keaton Energy is pleased to announce that its 74% held subsidiary, Amalahle     
Exploration (Pty) Ltd ("Amalahle"), has been granted four separate prospecting  
rights by the Department of Minerals and Energy. The prospecting rights cover   
six discrete properties totalling 1 597 hectares in the Ermelo coal field. The  
Keaton Energy and Amalahle boards of directors have approved an initial two-    
phase exploration programme budget totalling R3.5 million to explore the        
properties. This exploration programme will begin in June 2008. The 26%         
Historically Disadvantaged Persons ("HDPs") interest in Amalahle is held by     
Camden Bay Investments 64 (Pty) Ltd.                                            
The application for and granting of the Amalahle prospecting rights is in line  
with Keaton Energy`s strategy to identify, apply for and acquire attractive coal
exploration rights in partnership with HDPs. The Amalahle prospecting rights    
provide Keaton Energy with an entry position into a third South African coal    
field, additional to its existing 4 009 hectare Sterkfontein project in the     
Highveld coal field and its 1 635 hectare Delmas project in the Witbank coal    
13 May 2008                                                                     
Nedbank Capital                                                                 
Date: 13/05/2008 13:31:01 Supplied by www.sharenet.co.za                     
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