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Sah - South African Coal Mining Holdings Limited - Update To The Trading

Release Date: 16/03/2009 16:00:02      Code(s): SAH
SAH - South African Coal Mining Holdings Limited - Update to the trading        
statement for the year ended 31 December 2008                                   
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")                                                      
Update to the trading statement for the year ended 31 December 2008             
In terms of the JSE Limited Listings Requirements, companies are required to    
publish an update to a previously released trading statement as soon as they    
become aware that the previously released figures are not correct.              
The trading statement released by the company on 13 February 2009 referred to   
an expected headline loss per share of between 4 and 6.5 cents and an expected  
loss per share of between 13 and 15.5 cents for the year ended 31 December      
2008.  The company is now expected to report a headline loss per share for the  
year ended 31 December 2008 of approximately 8 cents compared with headline     
earnings per share of 3 cents for the 18 months ended 31 December 2007.  The    
loss per share for the same period is expected to be approximately 23 cents,    
compared with earnings of 84 cents per share for the 18 months ended 31         
December 2007.                                                                  
The increase in the anticipated loss per share is largely due to further        
impairments which have been instituted.                                         
The financial information on which this trading statement is based has not      
been reviewed or reported on by the company`s auditors.                         
SACMH is due to report its actual results for the year ended 31 December 2008   
on or about 27 March 2009, when further details regarding the performance and   
mine plan will be provided.                                                     
Enquiries:                                                                      
SACMH: 011 748 2800                                                             
Melanie Steyn: 011 748 2831                                                     
Nick Williams: 011 447 3030                                                     
Mirkwood                                                                        
16 March 2009                                                                   
Sponsor: QuestCo Sponsors                                                       
Date: 16/03/2009 16:00:02 Supplied by www.sharenet.co.za                     
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