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Wescoal Holdings Limited - Completion Of Acquisitions

Release Date: 11/11/2013 08:50:00      Code(s): WSL     
WESCOAL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2005/006913/06)
JSE Share code: WSL & ISIN: ZAE000069639
("Wescoal" or "the Company")


COMPLETION OF ACQUISITIONS


Capitalised terms used and not otherwise herein defined, have the meanings ascribed thereto in
the Previous Announcement.

Shareholders are referred to the SENS announcements dated 21 June 2013, 13 June 2013,
13 August 2013, 16 September 2013 and 1 November 2013 (?Previous Announcement?) where
shareholders were advised that Chandler, a wholly owned subsidiary of Wescoal, has acquired a
coal trading business from MacPhail (?the MacPhail acquisition?) as well as the properties
acquisition (jointly referred to as ?the acquisitions?) subject to certain suspensive conditions.

Shareholders are advised that the Competition Commission has unconditionally approved the
acquisitions. All the suspensive conditions to the acquisitions have been fulfilled and the
acquisitions are therefore unconditional.


Corporate adviser & Sponsor                                      Legal adviser
Exchange Sponsors                                                KWA Attorneys


Johannesburg
11 November 2013

Date: 11/11/2013 08:50:00 Supplied by www.sharenet.co.za                     
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