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WESCOAL HOLDINGS LIMITED - Withdrawal of and new cautionary announcement

Release Date: 12/12/2014 15:42:00      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)


Shareholders are referred to the cautionary announcement dated 27 November 2014. As those 
discussions had been terminated, that cautionary announcement is hereby withdrawn.

Shareholders are however advised that the board of directors of Wescoal (?the board?) has 
received a letter of intent from a major international Group (?the Group?) to acquire all 
the issued shares of Wescoal. The board has entered into discussions with the Group.

Accordingly, shareholders are advised to exercise caution when dealing in the company?s 
securities until a full announcement is made.

12 December 2014

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Date: 12/12/2014 03:42:00 Supplied by www.sharenet.co.za                     
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