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South African Coal Mining Hldgs Limited - Erratum Re Headline Loss In Reviewed Condensed Results

Release Date: 22/03/2016 07:41:00      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: ZAE0000102034
(?SACMH? or ?the company?)

ERRATUM RE HEADLINE LOSS IN REVIEWED CONDENSED RESULTS OF SACMH AND ITS SUBSIDIARIES (?THE
GROUP?) FOR THE 6 MONTHS ENDED 30 JUNE 2015

Shareholders are referred to the reviewed condensed results for the Group published on SENS on 15 March
2016. The note to the statement of comprehensive income read as follows:

NOTE TO THE STATEMENT OF COMPREHENSIVE INCOME

                                                                                 30 June 2015      30 June 2014
                                                                                    Reviewed          Reviewed


  Ordinary shares ('000)
  -In issue                                                                            452 454           452 454

  -Weighted Average                                                                    452 454           452 454

  -Diluted Weighted Average                                                            452 454           452 454

                                                                                        R'000             R'000
  Determinations of headline loss:
  Loss attributable to ordinary shareholders                                           (61 313)         (39 251)
  Less : Tax Effect                                                                      14 545                 -
  Headline Loss                                                                        (46 768)          (39 251)
  Headline and diluted loss per share(cents)                                            (10.27)            (8.67)

An error has now been discovered in the calculation of the headline loss in the note above. Consequently the
last five rows above are hereby withdrawn and substituted by the following:

                                                                                        R'000             R'000
  Determinations of headline loss:
  Loss attributable to ordinary shareholders                                           (61 313)         (39 251)
  Headline Loss                                                                        (61 313)          (39 251)
  Headline and diluted loss per share(cents)                                             (13.55            (8.67)

The error only affects the headline loss in the statement of comprehensive income. The rest of the reviewed
condensed results for the Group as published on 15 March 2016 remain unaltered.

The complete reviewed condensed results as corrected have been re-published on the company?s website
www.sacmh.co.za/investors


K G Harris                                                   CP Tated
Chief Executive Officer                                      Chief Financial Officer

22 March 2016
Directors:            KG Harris (CEO), CP Tated (CFO)*, K Ashraff (Independent non-executive)**, MCH
                      Dhlamini (Independent non-executive), L R Mamba (Non-executive), JM Mokgokong
                      (Independent non-executive) PP Menon(non-executive)*        *India ** Swaziland

Registered office:    1st Floor, 198 Oxford Road, Illovo, Sandton
Company secretary:    Mrs P F Smit
Transfer secretary:   Computershare Investor Services (Pty) Ltd
Sponsor:              Exchange Sponsors
Auditors:             Nkonki Incorporated
Website:              www.sacmh.co.za

Date: 22/03/2016 07:41:00 Supplied by www.sharenet.co.za                     
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