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SOUTH AFRICAN COAL MINING HLDGS LTD - Suspension of mining operations

Release Date: 30/01/2013 10:06:00      Code(s): SAH     
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)

Suspension of mining operations

Shareholders are referred to the announcement made on 24 October 2012 in respect of 
SACMHs subsidiary, Umlabu Colliery Proprietary Limited (Umlabu), having arrived at 
a point where the company had taken a decision to suspend mining operations and place 
the mine on a care and maintenance programme. 

Consultations with the National Union of Mineworkers, facilitated by a Commissioner of 
the Commission for Conciliation, Mediation and Arbitration were successfully concluded 
in  December 2012 and operations suspended on 14 December 2012.  A small staff has been 
retained to maintain the coal processing plant, as well as to ensure that the 
rehabilitation process proceeds, all environmental requirements and safety regulations 
are complied with and assets are secured.

30 January 2013

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Date: 30/01/2013 10:06:00 Supplied by www.sharenet.co.za                     
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