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Keh - Keaton Energy Holdings Limited - Keaton Energy Granted Prospecting Rights

Release Date: 22/07/2008 10:00:02      Code(s): KEH
KEH - Keaton Energy Holdings Limited - Keaton Energy granted prospecting rights 
over 5 166 hectares in the Klip River Coal Field, Kwazulu-Natal                 
Keaton Energy Holdings Limited                                                  
(formerly Tricoal Holdings Limited)                                             
(Incorporated in the Republic of South Africa)                                  
(Registration number 2006/011090/06)                                            
JSE share code: KEH  ISIN: ZAE000117420                                         
("Keaton Energy" or "the Company")                                              
KEATON ENERGY GRANTED PROSPECTING RIGHTS OVER 5 166 HECTARES IN THE KLIP RIVER  
COAL FIELD, KWAZULU-NATAL                                                       
Keaton Energy is pleased to announce that its 74% held subsidiary, Mafla Coal   
(Pty) Ltd ("Mafla Coal"), has been granted two contiguous prospecting rights by 
the Department of Minerals and Energy over seven adjacent properties totalling 5
166 hectares in the Klip River coal field in KwaZulu-Natal.                     
The Mafla Coal prospecting area is 14 kilometres north of Dundee and 21         
kilometres north-east of Glencoe.                                               
Historic geological information on the properties suggests that both the Top and
Bottom seams are present in the area.  Historically the Top and Bottom seams of 
the Klip River coal field have been exploited for anthracite and both soft and  
hard coking coal.                                                               
The application for and granting of the Mafla Coal prospecting rights is a      
further step in Keaton Energy`s strategy to identify, apply for and acquire     
attractive coal exploration rights in partnership with Historically             
Disadvantaged Persons.                                                          
The Mafla Coal prospecting rights provide Keaton Energy with a significant      
position in a fourth South African coal field, additional to its existing 4 009 
hectare Sterkfontein project in the Highveld coal field, its 1 650 hectare      
Delmas project in the Witbank coal field, and its six discrete properties       
totalling 1 597 hectares in the Ermelo coal field.                              
Bryanston                                                                       
22 July 2008                                                                    
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 22/07/2008 10:00:02 Supplied by www.sharenet.co.za                     
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