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Sah - South African Coal Mining Holdings - Appointment Of New Ceo

Release Date: 02/02/2009 15:00:03      Code(s): SAH
SAH - South African Coal Mining Holdings - Appointment Of New CEO               
South African Coal Mining Holdings Limited                                      
(Incorporated in the Republic of South Africa)                                  
Registration number 1994/009012/06                                              
Share code: SAH                                                                 
ISIN: ZAE000102034                                                              
("SACMH" or "the company")                                                      
Appointment of new CEO                                                          
The Board of SACMH is pleased to announce the appointment of Grant Scrutton as  
CEO with immediate effect. This follows the resignation of Karl Gribnitz whose  
term of office has come to an end. Karl will remain on the Board as a non-      
executive director.                                                             
Grant has worked for six months with Royal Bafokeng Capital as part of a        
transitional handover plan. He is a Chartered Accountant, having articled at    
KPMG in South Africa. Grant  served two years in the Seattle (USA) office during
which time he was involved in the Nasdaq listing of  `The Hillhaven group`.     
Prior to joining SACMH, he was the Finance Director of Afgri Producer Services  
for five years, where he was a member of the turnaround team. Grant has also    
fulfilled the role of Group Finance Director at Powertech and, before that, at  
Voltex, both of which companies were listed on the JSE Limited and were involved
in significant public transactions.                                             
Grant will continue to work closely with Peet Kotze, the New Chief Operating    
Officer, in consolidating the production, improving efficiencies and growing the
company.                                                                        
Thabo Mokgatlha, Chairman of SACMH, commented:                                  
"We welcome Grant as CEO and onto the SACMH board.  He brings valuable          
experience to the company from his former executive roles and we are confident  
he will take SACMH onto the next stage in its development. On behalf of the     
board, I would like to thank Karl for his considerable input to the company and 
in particular for engineering the company`s restructuring and relisting on the  
JSE in 2007."                                                                   
Mirkwood Estate                                                                 
2 February 2009                                                                 
Enquiries:                                                                      
SACMH                    011 748 2800                                           
Melanie Steyn                                                                   
College Hill             011 447 3030                                           
Nicholas Williams        082 600 2192                                           
Sponsor: QuestCo Sponsors                                                       
Date: 02/02/2009 15:00:03 Supplied by www.sharenet.co.za                     
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