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Wsl - Wescoal - Trading Statement

Release Date: 28/11/2008 10:48:01      Code(s): WSL
WSL - Wescoal - Trading Statement                                               
Wescoal Holdings Limited                                                        
(Incorporated in the Republic of South Africa)                                  
(Registration number 2005/006913/06)                                            
JSE Share code: WSL & ISIN: ZAE000069639                                        
("Wescoal")                                                                     
TRADING STATEMENT                                                               
In terms of the Listings Requirements of the JSE Limited ("JSE"), companies are 
required to publish a trading statement as soon as they are satisfied that a    
reasonable degree of certainty exists that the financial results for the period 
to be reported on will differ by 20% or more from the financial results for the 
previous corresponding period.                                                  
Shareholders are advised that Wescoal is currently finalising its interim       
results for the period ended 30 September 2008 and are advised that Wescoal`s   
earnings per share for this period are expected to increase by between 40% and  
50% over that of the previous corresponding period and headline earnings per    
share for this period are expected to increase by between 45% and 55% over that 
of the previous corresponding period.  The financial information on which this  
trading statement is based has not been reviewed or reported on by Wescoal`s    
auditors.                                                                       
The results for the period ended 30 September 2008 are expected to be published 
on SENS by the first week in December 2008.                                     
28 November 2008                                                                
Johannesburg                                                                    
Designated Adviser                                                              
Exchange Sponsors                                                               
Date: 28/11/2008 10:48:01 Supplied by www.sharenet.co.za                     
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information disseminated through SENS.                                          



                                        
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