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SAH - South African Coal Mining Holdings Limited - Appointment of new CEO

Release Date: 10/12/2010 11:48:01      Code(s): SAH
SAH - South African Coal Mining Holdings Limited - 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 : ZAE0000102034                                           
("SACMH" or "the company")                                                      
APPOINTMENT OF NEW CEO                                                          
Shareholders are referred to the announcements previously released on SENS that 
the Board of SACMH was searching for a new CEO.                                 
The Board is pleased to announce that mr Antony Rayment has been appointed as   
CEO of the company with effect from 1 December 2010. Mr Rayment was, until      
recently, head of the India Desk of Standard Bank Group - Corporate and         
Investment Banking. Up to September 2007 he was Head - Investment Banking India 
at Rand Merchant Bank.                                                          
Mr Rayment is a chartered accountant who fulfilled various management positions 
before becoming Head of Corporate Finance at Pannell Kerr Fisher. In September  
2001 he became Head of Mergers and Acquisitions at Ernst and Young Corporate    
Finance, a position which he held until March 2005 when he moved to London.     
The Board welcomes him on board and wishes him well in re-launching the mining  
activities of the company.                                                      
10 December 2010                                                                
Exchange Sponsors                                                               
Date: 10/12/2010 11:48:01 Supplied by www.sharenet.co.za                     
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