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Wescoal Holdings Limited - Directors Dealing In Securities

Release Date: 22/08/2012 10:31:00      Code(s): WSL     
WESCOAL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2005/004794/06)
(JSE code: WSL     ISIN: ZAE000069639)
  ("Wescoal" or "the company")

 DIRECTORS DEALING IN SECURITIES

Shareholders are advised that the following directors of Wescoal and
Wescoal?s major subsidiaries have accepted share options in terms of
the share incentive scheme.

In terms of paragraph 3.63 to 3.65 of the JSE Limited Listings
Requirements, the following information is disclosed:

Name of company                Wescoal Holdings Limited
Name of director:              AR Boje
Date of acceptance:            21 August 2012
Nature of transaction:         Options granted
Number of shares:              1 500 000
Option price:                  90 cents
Expiry date:                   tranches of 20% on every anniversary over
                               the next 5 years
Type of option:                American
Class of security:             Ordinary Shares
Nature of interest:            Direct Beneficial
Clearance obtained:            Yes

Name of company                Wescoal Holdings Limited
Name of director:              P J van Rensburg
Date of acceptance:            21 August 2012
Nature of transaction:         Options granted
Number of shares:              240 000
Option price:                  90 cents
Expiry date:                   tranches of 20% on every anniversary over
                               the next 5 years
Type of option:                American
Class of security:             Ordinary Shares
Nature of interest:            Direct Beneficial
Clearance obtained:            Yes


Name of company                Wescoal Mining Proprietary Limited
Name of director:              M Bartle
Date of acceptance:            21 August 2012
Nature of transaction:         Options granted
Number of shares:              1 000 000
Option price:                  90 cents
Expiry date:                   tranches of 20% on every anniversary over
                               the next 5 years
Type of option:                American
Class of security:             Ordinary Shares
Nature of interest:            Direct Beneficial
Clearance obtained:            Yes

Name of company                   Chandler Coal Proprietary Limited
Name of director:                 G Botha
Date of acceptance:               21 August 2012
Nature of transaction:            Options granted
Number of shares:                 200 000
Option price:                     90 cents
Expiry date:                      tranches of 20% on every anniversary over
                                  the next 5 years
Type of option:                   American
Class of security:                Ordinary Shares
Nature of interest:               Direct Beneficial
Clearance obtained:               Yes

Name of company                   Chandler Coal Proprietary Limited
Name of director:                 G Coetzee
Date of acceptance:               21 August 2012
Nature of transaction:            Options granted
Number of shares:                 480 000
Option price:                     90 cents
Expiry date:                      tranches of 20% on every anniversary over
                                  the next 5 years
Type of option:                   American
Class of security:                Ordinary Shares
Nature of interest:               Direct Beneficial
Clearance obtained:               Yes

Name of company                   Chandler Coal Proprietary Limited
Name of director:                 P Andrew
Date of acceptance:               21 August 2012
Nature of transaction:            Options granted
Number of shares:                 500 000
Option price:                     90 cents
Expiry date:                      tranches of 20% on every anniversary over
                                  the next 5 years
Type of option:                   American
Class of security:                Ordinary Shares
Nature of interest:               Direct Beneficial
Clearance obtained:               Yes

Shareholders     will   be   advised   once   the   above   options   have   been
exercised.


22 August 2012
Johannesburg

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Date: 22/08/2012 10:31:00 Supplied by www.sharenet.co.za                     
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