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KEH - Keaton Energy Announces Fourth Coal Mining Project

Release Date: 06/05/2009 11:59:01      Code(s): KEH
KEH - Keaton Energy Announces Fourth Coal Mining Project                        
Keaton Energy Holdings Limited                                                  
(Incorporated in the Republic of South Africa)                                  
(Registration number 2006/011090/06)                                            
JSE share code: KEH & ISIN: ZAE000117420                                        
("Keaton Energy")                                                               
Keaton Energy has announced its intention to proceed with its fourth coal mining
project, Leeuwfontein, 35 kilometres south of Middelburg in South Africa`s      
Mpumalanga Province.                                                            
Amalahle Exploration (Pty) Limited, a 74%-held subsidiary of Keaton Energy, was 
awarded four prospecting rights over six discrete properties totalling 1 597    
hectares in the Ermelo coal field in April 2008.                                
Keaton Energy Managing Director Paul Miller said: "Following completion of a 69-
hole drilling programme on the properties in November 2008 a SAMREC-compliant   
coal resource has now been declared for the Leeuwfontein Project.               
"Leeuwfontein is relatively small, covering some nine hectares, and contains a  
coal resource of 922 000 mineable in situ tonnes in the measured category.      
"It will become the second of Keaton Energy`s two smaller, short-life projects, 
after our Klip Colliery.                                                        
Work has begun on an application for a mining right over Leeuwfontein, with a   
view to receiving regulatory approvals for open pit mining in the second half of
2010", Miller said.                                                             
Note: the detailed Leeuwfontein Project May 2009 resource statement is available
on Keaton Energy`s website, www.keatonenergy.co.za                              
06 May 2009                                                                     
Nedbank Capital                                                                 
Date: 06/05/2009 11:59:01 Supplied by www.sharenet.co.za                     
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