SAH - South African Coal Mining Holdings Limited - Cautionary announcement
South African Coal Mining Holdings Limited
(Incorporated in the Republic of South Africa)
Registration number 1994/009012/06
Share code: SAH
("SACMH" or "the company")
Significantly reduced coal prices and difficult operational conditions
have resulted in the board of SACMH resolving to cease operations of the
company with immediate effect for a period of three months and to place the
operations on care and maintenance. During this period, the board will
review the operations, including the capital requirements and cost structure,
with a view to deciding on the future direction of the business.
Shareholders will be kept informed of developments and should accordingly
exercise caution when trading in the company`s securities until a further
announcement is made.
30 March 2009
Sponsor: QuestCo Sponsors
Date: 30/03/2009 11:18:01 Supplied by www.sharenet.co.za
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