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WESCOAL HOLDINGS LIMITED - Muhanga Acquisition Unconditional Clarification Announcement

Release Date: 13/10/2014 15:05:00      Code(s): WSL     
(Incorporated in the Republic of South Africa)
(Registration number 2005/006913/06)
JSE Share code: WSL & ISIN: ZAE000069639
("Wescoal" or "the Company")

Muhanga Acquisition Unconditional ? Clarification Announcement

Shareholders are referred to the announcement dated 10 October 2014, in which it was
announced that, the acquisition by Wescoal Mining Proprietary Limited (?Wescoal Mining?) of
the business of Muhanga Mines Proprietary Limited (?Muhanga?), has become unconditional
in all respects.

Wescoal would like to clarify that as announced in the detailed Sens announcement dated 24
June 2014 the acquisition relates exclusively to the acquisition by Wescoal Mining of
Muhanga?s coal processing plant located on the farm Goedehoop and certain assets and
liabilities directly relating to that plant. No other assets or businesses of Muhanga was
purchased by Wescoal Mining.

Corporate adviser & Sponsor
Exchange Sponsors

13 October 2014

Date: 13/10/2014 03:05:00 Supplied by www.sharenet.co.za                     
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