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WESCOAL HOLDINGS LIMITED - Update on payment of special dividend

Release Date: 28/10/2016 10:20:00      Code(s): WSL     
Incorporated in the Republic of South Africa
(Registration number 2005/006913/06)
Share code: WSL
ISIN: ZAE000069639

Update on payment of special dividend

Shareholders are referred to the special dividend finalisation announcement (?finalisation announcement?) released
on SENS on 19 October 2016 which was subject to obtaining the necessary Exchange Control approval.

Wescoal is now in a position to confirm that Exchange Control approval has been obtained and the payment of the
special dividend will proceed as set out in the finalisation announcement.

28 October 2016

Nedbank Corporate and Investment Banking

Date: 28/10/2016 10:20:00 Supplied by www.sharenet.co.za                     
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