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Sah - South African Coal Mining Holdings - Rights Offer Finalisation

Release Date: 04/07/2008 15:15:01      Code(s): SAH
SAH - South African Coal Mining Holdings - Rights Offer Finalisation            
Announcement                                                                    
South African Coal Mining Holdings                                              
(Incorporated in the Republic of South Africa)                                  
(Registration number 1994/009012/06)                                            
JSE share code: SAH                                                             
ISIN: ZAE000102034                                                              
("SACMH" or "the company")                                                      
RIGHTS OFFER FINALISATION ANNOUNCEMENT                                          
Shareholders are referred to the announcement dated 26 June 2008 in which SACMH 
announced that the board had decided to undertake a rights offer to fund the    
company`s expansion programs ("the rights offer"). In terms of the rights offer,
25 million new shares ("the rights shares") will be issued at a price of R4.00  
per rights share in a ratio of 1 rights share for every 16.47239 SACMH shares   
held on the record date in order to raise R 100 million.                        
The JSE Limited has granted a listing for the letters of allocation and the     
rights shares and the Companies and Intellectual Property Registration Office   
has registered all the documents required in respect of the rights offer.  The  
rights offer is accordingly unconditional and will proceed in accordance with   
the timetable set out in the announcement of 26 June 2008.                      
A circular, giving full details of the rights offer, will be posted to          
shareholders, recorded in the register on the record date, on Monday 21 July    
2008. A form of instruction in respect of a letter of allocation will be        
enclosed with the circular for use by shareholders who have not dematerialised  
their SACMH shares. Copies of the circular, in English, will be available during
normal business hours from Monday 21 July 2008 until Friday 8 August 2008       
(Saturdays, Sundays and public holidays excluded) from the offices of:          
-  SACMH, Mirkwood Estate, No 26, Klipkop JR; and                              
 -  QuestCo Sponsors (Proprietary) Limited, The Campus, 57 Sloane Street,       
Bryanston.                                                                      
4 July 2008                                                                     
Mirkwood                                                                        
Sponsor: QuestCo Sponsors                                                       
Date: 04/07/2008 15:15:01 Supplied by www.sharenet.co.za                     
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