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SOUTH AFRICAN COAL MINING HLDGS LIMITED - Further update on the issuing of interim results, delay in issuing de-listing circular

Release Date: 04/02/2016 08:48:00      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 code: ZAE0000102034
(?SACMH?, ?the group? or ?the company?)

Further update on the issuing of interim results and delay in issuing de-listing circular

Shareholders are referred to the announcements dated 19 , 20 October and 14 December
2015 regarding the firm intention announcement in terms of Regulation 101 of the
Companies Regulations, 2011 of the Companies Act, 2008, in respect of the proposed
delisting of SACMH and an offer to all remaining shareholders.

The circular has been delayed due to:

-      a delay in the finalisation of a Resource and Reserves Statement to be included in
       the circular. This is currently being reviewed by the JSE Readers Panel;
-      a delay in the release of the company?s interim results for the six months ended 30
       June 2015 as a result of the appointment of new auditors. These results are now
       expected to be released by the end of February 2016.

It is expected that the circular will be finalised, approved by the JSE and posted to
shareholders by 31 March 2016.

4 February 2016

Exchange Sponsors

Date: 04/02/2016 08:48:00 Supplied by www.sharenet.co.za                     
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